Gov. Kathy Hochul on Tuesday unveiled a record-breaking $233 billion state budget for fiscal year 2025 — with an unexpected increase in funds allocated for New York City’s migrant crisis.

Mayor Eric Adams is blaming the city’s multibillion-dollar budget hole on the migrant crisis, but more than half ... Kevin C. Downs for NY Post A mayoral spokesman said it is premature to ...

As New York City grapples with the ongoing housing crisis, CityFHEPS has played an increasingly prominent role in securing ...

While 1 in 5 of the nation’s homeless individuals currently live in New York, shelter providers and nonprofits continue to be ...

For all the talk of public disorder and random crime, New York City’s real crisis lies in its infrastructure. We have too little housing, insufficient energy, 19th century sewers, creaking subways ...

STATEN ISLAND, N.Y. — A New York City budget watchdog says Mayor Eric Adams' administration failed to update its cost estimates throughout the migrant crisis, according to a report released ...

NEW YORK (BLOOMBERG ... City to help manage its migrant crisis, marking a significant shift after tens of thousands of asylum seekers strained the city’s budget requiring state help.

NYC’s Transit System Faces Another Budget Crisis With Congestion-Pricing Pause MTA’s fiscal plan will likely include budget shortfalls Debt service, maintenance and overtime costs poised to go up ...

NEW YORK-- Negotiations ... the new fiscal year. "The budget is about making life in the city affordable for New Yorkers because we know there's an affordability crisis," Mayor Adams said.

“So we just have to protect ourselves and negotiate a good budget that delivers ... to the $8 billion NYC has in its emergency reserves should a true financial crisis emerge.

New York City has always been a city with high debt ... The Big Apple isn’t experiencing a 1970s moment or even a budget crisis, but the elements are in place to push us in that direction ...

By Troy Closson Just a year ago, the outlook for New York City was ... the education budget by hundreds of millions of dollars. In some ways, the city’s situation mirrors a crisis looming ...