Gov. Hochul Gets It: A State of the State That Moves New York Forward—Faster, Smarter and More Competitively
Perhaps the most impactful element of the governor’s State of the State is her direct confrontation with regulatory delay.
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News
NYC Comptroller Projects $2.2B Budget Shortfall in FY 2026
Comptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.
Market
NAR: Northeast Pending Home Sales Fell 11% in December
“The housing sector is not out of the woods yet,” said NAR Chief Economist Lawrence Yun.
People
Joan McDonald Promoted to Deputy Westchester County Executive
In connection with Wishnie’s retirement, County Executive Jenkins announced that current Director of Operations Joan McDonald has been promoted to Deputy County Executive.
Market
U.S. Existing Home Sales Rose 5.1% in December; Northeast Sales Posted 2% Increase in Deals Last Month
2025 was another tough year for homebuyers, marked by record-high home prices and historically low home sales.