New York City

Leila Bozorg Appointed NYC Executive Director of Housing
Mandate is to preserve existing housing, protect renters and homeowners, and build more housing across all five boroughs.

Middle Class Workers, Not Millionaires Moving Out of New York
COVID, not taxes, drove 2,400 millionaire households out of New York in 2020-21. Yet New York gained 17,500 millionaire households in the same period, a 7x increase that belies tax migration theories.

BBVA to Relocate New York City Headquarters to 74,000 SF at Two Manhattan West
BBVA plans to move to Two Manhattan West, the trophy office skyscraper in the Manhattan West development by the end of 2024.

Governor Signs Bills to Build and Preserve More Affordable, Sustainable Housing in New York City
ALBANY—New York Gov. Kathy Hochul signed several bills into law on Oct. 23 geared at building and preserving more

Report: COVID-19 Worsened NYC’s Property Tax Disparity
ALBANY—The COVID-19 pandemic has caused property tax disparity to worsen in New York City, driving housing costs higher for

ISO Says New York City Facing Power ‘Reliability Need’ in 2025
RENSSELAER, NY—As New York State continues its push for green and renewable energy sources, The New York Independent System

50% of Working-Age New York City Households Aren’t Earning Enough to Meet Their Basic Needs
NEW YORK—The Fund for the City of New York (Fund) in partnership with United Way of New York City

NYC-Hudson Valley Housing Markets Continue To Post Low Sales, Inventory, Higher Prices
WHITE PLAINS—The residential sales market in the Hudson Valley and New York City continues to transition from the COVID-19

Home Sales Decline Continues in NYC-Hudson Valley Markets
WHITE PLAINS—Home sales continued to decline in the third quarter of this year as the New York City and

MTA Congestion Pricing Plan Sets Peak Tolls from $9 to $23
NEW YORK—The details of the Metropolitan Transportation Authority’s long-delayed and controversial congestion pricing plan were unveiled on Aug.

New York City Breaks Ground $454M Public Health Laboratory Project
NEW YORK—On July 6, city officials broke ground on the new NYC Public Health Laboratory, which will be located

Analysis Finds Worrisome, Uneven Economic Recovery Among New York City’s Labor Force
ALBANY—New York City lags behind the rest of the state and nation in regaining the jobs lost from the