NYCHA Announces Completion of Over $24 Million in Security and Safety Upgrades

On November 27, 2023, the New York City Housing Authority announced that over $24 million in safety and security upgrades had been completed at 23 campuses citywide. The developments that received upgrades included: Bailey Avenue-West 193rd Street, Marble Hill, Melrose, Mill Brook, Monroe, and Sedgwick in the Bronx; Farragut, Hughes, Kingsborough, and Pink in Brooklyn; Dyckman, Elliott, Fulton, Grant, King Towers, LaGuardia, LaGuardia Addition, and Rangel in Manhattan; Pomonok in Queens, and Berry in Staten <Read More>


Comptroller Audit Finds Non-Compliance with “Fair Share” Charter Provisions

On November 9, 2023 the New York City Comptroller released an audit and report detailing the failures of the City to comply with “Fair Share” Requirements for City Services and Facilities. Under the 1989 City Charter Revisions, “Fair Share provisions” require that the City must make an effort to provide communities with their fair share of amenities and the City must make an effort to combat citywide issues equitably among all communities. The new analysis … <Read More>


Council Passes Bill to Provide Small Businesses with More Financial Information

On September 14, 2023, the City Council passed Int. No. 969-A, which requires the Department of Small Business Services to provide information on local community development financial institutions on the city’s one-stop shop business services portal. According to the U.S. Department of the Treasury, community development financial institutions are financial lenders that help, “promote access to capital and local economic growth in…low-income communities… through monetary awards and the allocation of tax credits.”