The two leading candidates to become the next city comptroller agree on what the major challenge will be: fighting Donald Trump and the Republicans who control Washington. “We have to fight back,” said Justin Brannan, City Council member representing Bay Ridge and chair of the finance committee and a key player in budget negotiations. “We […]

The post ‘We Must Fight Trump,’ Comptroller Candidates Agree. Then What? appeared first on THE CITY - NYC News.

What’s the difference between a parking lot, a park and a casino? Just a few words scribbled on some paper if Mets owner Steve Cohen gets his way, and it looks like he might now with a well compensated assist from State Senator John Liu that’s also a kick in the shins of his legislative […]

The post LISTEN: A High-Stakes Casino Contest appeared first on THE CITY - NYC News.

A losing candidate in the heated competition to develop the Kingsbridge Armory in the Northwest Bronx says the process was tainted by corruption, favoritism and theft of intellectual property, according to a new lawsuit filed by that developer. Agallas Equities LLC, filed the suit on Friday evening seeking an annulment of the contract awarded to […]

The post Losing Bronx Armory Developer Sues, Claiming Political Interference in Bidding Process appeared first on THE CITY - NYC News.

This story was published in partnership with New York Focus, an independent, investigative news site covering New York state and city politics. Sign up for their newsletter here. A key fund that pays for New York City employees’ health benefits has run dry, opening up a $600 million hole in the city budget and threatening potential […]

The post Health Care Costs Could Rise for NYC Employees as City Scrambles for Funds appeared first on THE CITY - NYC News.

New York City’s convoluted property tax system, now exactly 50 years old, overtaxes large multifamily buildings, making it harder to build enough apartments to solve the city’s housing crisis. The lowest property taxes are levied on homeowners, especially those who live in areas with fast-rising property values, even though two-thirds of city households rent. Areas […]

The post Anti-Poverty Groups ID Property Taxes as a Culprit in Affordable Housing Shortage appeared first on THE CITY - NYC News.