WEEKEND EDITION

Economy

The Pension Peril: NY Comptroller Scott Stringer Proposes Reforms

More than 700,000 civil servants – both retired and active – are eligible for pensions in New York City. But are their pensions in peril?

Gov. Andrew Cuomo has not taken a position at the state version of the DREAM Act. He has said he supports the federal version. AP/Evan Agostini.
City & State  |  February 3, 2012 10:27 AM | 1 Comment
As the redistricting charade continued, the race to replace south Brooklyn's Carl Kruger got a little "racy" and Professor Cuomo continued to give lessons in "Expanding Executive Powers 101."
Assemblyman George Amedore, of the 105 Assembly district reads a Bills Calendar before voting during a New York state Assembly session at the Capitol in Albany, N.Y., Tuesday, June 14, 2011. (AP Photo/Hans Pennink)
Daniel T. Allen  |  January 27, 2012 10:22 AM | 1 Comment
New redistricting maps made losers out of a handful of Senate Democrats, and NYPD Commissioner Ray Kelly is taking heat for his appearance in an anti-Muslim video. City & State reports.
Public Advocate Bill De Blasio speaking at a protest against public transit in 2010. He is a winner because. Flickr/Digi Art 2011_Jason.Kuffer
City and State  |  January 20, 2012 10:14 AM | Comments
Between the governor’s budget address and a new round of campaign finance reports this week, the New York political scene was even more packed than usual with winners and losers.
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Adam Lisberg for City & State with additional reporting by Andrew J. Hawkins  |  January 13, 2012 10:50 AM | 2 Comments
In his State of the City Mayor Bloomberg proposed a merit pay boost for highly effective teachers and announced that the city could eliminate up to half of the teachers at 33 struggling schools.
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Georgia Kral  |  January 11, 2012 4:00 AM | Comments
City educators and advocates share their predictions -- and their hopes -- for what makes it into Bloomberg's State of the City address.
An artist's rendering of the planned convention center's interior. At 3.8 million square feet, the convention center would be the largest in the country. Genting.
Steve Malanga for City Journal  |  January 6, 2012 1:25 PM | 5 Comments
City Journal's Steve Malanga critiques Cuomo's plan to build a convention center in Queens, a tactic he says has failed to grow business in other cities and ultimately leaves taxpayers on the hook for ballooning costs.
Workers display the product at Greyston bakery in Yonkers, NY. Greyston plans to become a benefit corporation once the new law goes into effect in 60 days. Photo courtesy of B Lab.
John Farley  |  December 14, 2011 4:00 AM | 1 Comment
On Monday, New York became the seventh state to create benefit corporations, which are legally obligated to create benefits for both society and their shareholders. What does that mean for the city?
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City Hall News  |  December 9, 2011 10:37 AM | Comments
On this week's list the governor seems to be unstoppable and a favorite New York celebrity discovered that you can put your foot in your mouth on Twitter.
Natasha Glasgow and her son, Alfredo, in their foreclosed building in Far Rockaway, Queens. On Dec. 6, Occupy Our Homes illegally entered and cleaned a vacant foreclosure in East New York, where Natasha plans to move her family later this week. Photo courtesy of Sam Lewis.
John Farley  |  December 7, 2011 4:00 AM | Comments
The Occupy movement has brought its protest against income inequality and financial corruption full circle to where the financial crisis began -- the housing market.
Loretta Lynch U.S. Attorney for the Eastern District of New York announces charges against doctors, health care company owners, executives and others in a case of alleged false medicare billing at a press conference in the U.S. Attorney's office in Brooklyn, New York, Friday, July 16, 2010.   The poster at right which says in Russian "Do Not Gossip" was, allegedly, in the back room of a doctor's office where patients were being bribed for their cooperation in the scheme.   (Ap Photo/Robert Mecea)
City Hall News  |  December 2, 2011 9:15 AM | Comments
Gov. Andrew Cuomo should be all over this week’s list, but we can’t figure out whether he had a great week or an awful one. For everyone else on our list, the week was a little more definite.
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