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News and Updates

07.19.18 - De Blasio touts record affordable housing, boosted by major deal at Starrett City

'A tax break for the massive Starrett City housing complex, a sprawling Brooklyn development that had been partially owned by President Donald Trump, helped boost Mayor Bill de Blasio's affordable housing numbers to a record high.'

'When the city learned the 5,881-unit complex for low-income New Yorkers was going to be sold, the administration approved a $463 million tax break through 2054 to ensure the mostly Section 8 homes would remain affordable.'

'As a result, de Blasio's annual housing numbers skyrocketed in fiscal 2018, which ended June 30. The mayor on Thursday announced the city has financed 32,116 homes for people of restricted incomes, ranging from those who were destitute and homeless to those earning $120,615.'

Read the full Politico article here

07.13.18 - Delta to set new one-day scheduled departures record in New York State

'Friday's schedule calls for more than 600 Delta and Delta Connection departures throughout New York State on Friday, the most Delta has ever had.'

'What's more is this departure count makes Delta the airline with the most departures from New York State, including JetBlue Airways, American Airlines, Southwest Airlines and Spirit.'

"'This is a feat that only comes when Delta people work together consistently, over time, winning over our customers time and time again,' said Henry Kuykendall, Delta's Senior Vice President – Northeast Airport Operations. 'And that's exactly what Delta people do which enables the airline to increase our presence over time to match demand in the busy summer season. Congratulations to all as we Keep Climbing in New York.'"

Read the full Delta Press Release here 

07.01.18 - Editorial: Charter a path for teachers

"Education officials have been warning for years that a shortage of teachers is a pending crisis, and it's already an emergency for the state's 167 charter schools. As we have argued here before, something has to be done — and quickly."

"It is true that the alternative teacher certification process proposed by the charters included standards below what's required of traditional public school teachers, who usually spend a full college semester in the classroom under the guidance of an experienced teacher... But it's also true that the very point of charter schools is to encourage outside-the-box thinking and a nimbleness that the traditional education bureaucracy precludes."

"If given the chance, while carefully monitored, charters might find ways to remove barriers for potentially gifted and enthusiastic teachers who might otherwise be unable to break into the profession because of the state's rigorous certification process. The example might even help traditional schools do the same."

"For better and worse, charter schools are one of the ways New York has decided to combat the trap of poverty and failing schools. They deserve an opportunity to experiment, and a chance to succeed."

Read the full Times Union editorial here

06.28.18 - MSG shares soar as Dolan lays groundwork for sale of Knicks

"Late yesterday Dolan announced he was exploring a spin-off that would separate the Knicks and the Rangers from the rest of Madison Square Garden. If Dolan does in fact spin off the Knicks and the Rangers, it would mark the first time the teams haven't been owned by Madison Square Garden. The Garden has controlled the Rangers since the team was founded in 1926, while the Knicks were launched by an MSG president in 1946." 

"Charles Dolan, founder of Cablevision and HBO, acquired the Garden and its teams for $650 million in 1997. He bequeathed them to his son Jim two years later. MSG's market value is now $7 billion and jumped more than 14% today on news that Dolan might be preparing his exit."

Read the full Crain's NY Business article here

06.20.18 - Ticket scalping agreement passes

"Both houses have passed a bill to push back the expiration of the state's ticket scalping law by three years rather than the one, as has become the norm over the past decade."

"It also adds some language designed to protect purchasers, including a requirement that resale fees be disclosed and the creation of "paperless tickets" that could only be used by the original purchaser."

"'This gives access to the everyday people,' said state Sen. Terrence Murphy (R-Yorktown), the bill's sponsor with Assemblyman Daniel O'Donnell (D-Manhattan). 'I've exhausted a number of different avenues to try to make sure we get this right.'"

Read the full Politico Pro article here

06.20.18 - Online ticket purchases could become simpler

"The state's 'convoluted' laws regulating ticket purchases for live events could receive a consumer-friendly update from the state Legislature."

"There is a bipartisan agreement between the legislative sponsors in the state's Assembly and Senate to make the process of purchasing tickets for sporting events, concerts and the theater more transparent and easier to navigate. The hope is that consumers will have an easier time obtaining tickets from the venue or make more informed choices in the secondary market."

"The final compromises followed a round-table discussion and months of conversations with venue owners, sports teams, ticket brokers and other interested parties. 'We have literally spent the last year meeting with all the principles,' Murphy said."

Read the full Times Union article here

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