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Hochul is planning a sweeping revitalization of Coney Island, plans to double beach acreage

Governor Kathy Hochul has directed Empire State Development to begin preparing a sweeping revitalization plan for the storied Coney Island section of New York City — in what is expected to be a five year capital investment plan that could total

New York City

A strategy for reopening New York City’s economy

BY ARPIT GUPTA AND JONATHAN M. ELLEN As New York City passes through the worst of the coronavirus pandemic, it is not too soon to think about a strategy to reopen the economy and exit from the current state of

New York City

FDNY pensions average more than $129,000

The 471 Fire Department of New York (FDNY) officers and firefighters who retired in calendar year 2018 are eligible for average pensions of $129,259, according to data posted today at SeeThroughNY.net, the Empire Center’s transparency website. According to the Empire Center’s analysis,

New York City

Corrections retirees had highest average state pensions

Corrections Department employees qualified for average pensions of nearly $70,000, the highest average benefit for any agency grouping among the 7,990 New York City Employee Retirement System (NYCERS) members collecting their first full year’s worth of pension benefits in 2018,

New York City

DeBlasio returns to a New York slipping towards crime and disorder

BY MICAH MORRISON New York Mayor Bill de Blasio’s withdrawal from the presidential race last week is a lost opportunity. A successful de Blasio effort in the Democratic primaries—his was anything but—could have sparked a necessary national debate over signs of

New York City

How the new rent laws will slam NYC’s housing market

BY HOWARD HUSCOK New York’s new rent-regulation law makes dramatic changes to housing rules — limiting rent increases after owners make major improvements and even after units become vacant and the rents have not been raised for years. The law will likely

New York City

Diva of distressed debt finds two agreeable appellate judges

The investment banker Lynn Tilton and her firm, Patriarch Partners, found two Denver federal appeals court judges who agree with the argument that it is unconstitutional for the Securities and Exchange Commission to try cases before administrative law judges. Known as the