“Layoff plans fell last month, certainly a positive sign. That said, job cuts in November have risen above 70,000 only twice since 2008: in 2022 and in 2008.
One of the key pieces of legislation discussed was Intro 1120, sponsored by Councilmember Julie Farías, that would establish clear timelines for cooperative boards to process, review, and issue decisions on co-op purchase applications.
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