Category: NYC
Opinion: Only $550/Month Property Taxes, If You Can Afford Paying $59 Million For This Hudson Yards Penthouse
Hudson Yards is an undeniable success. The Vessel – Thomas Heatherwick’s public installation – is a masterpiece that draws thousands…
Opinion: Why A Rainy Day Fund Is A Terrible Idea for New York City
Time and again, American voters forgive politicians with bad ideas – so long as they possess slick delivery. Often, voters…
BuyMuni’s Ten Observations on New York City’s Comprehensive Annual Financial Report 2019
October 31, 2019 – New York City’s financials are a window into local government finances and the health of the…
NYC Cash Balance Declined 25% in FY19; Lowest Year End Cash Balance Since 2013
September 9, 2019 – In its Quarterly Cash Report issue today, NYC Comptroller Scott Stringer’s Office reported that the City’s…
Fed Chair Powell: Wells Fargo Governance Still Unsatisfactory. Banned From Underwriting NYC Bonds.
July 31, 2019 – Two words – “mid-cycle adjustment” – from the Federal Reserve rocked markets on Wednesday. But at…
[Moody’s] New York State Tenant Law Won’t Impact NYC Housing Development Corp (“HDC”)
June 20, 2019 – In a short note issued today, Moody’s Investor Service stated that New York State’s recently-enacted Housing…
Just How Much Of A Rainy Day Reserve Does NYC Need?
According to the Citizen’s Budget Commission (CBC) – a nonpartisan think-thank – a whopping 17% of tax revenues, which would…
