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.

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 ...

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 ...

NEW YORK CITY (WABC) -- In the wake of the migrant crisis, Mayor Eric Adams says he is being forced to slash the city's budget and will likely impact every city agency. Adams warned of "extremely ...

The Adams administration has also pointed to substantial fiscal challenges due to the migrant crisis ... preliminary budget. Despite the challenges, employment in New York City has grown 4.8 ...

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 ...

“Mayor Adams’s unnecessary, dangerous, and draconian budget cuts will only worsen New York’s affordability crisis and delay our city’s economic recovery by cutting funding for the ...

“The City of New York’s FY 2024 budget must thoughtfully balance funding ... to the city government’s efforts with the migrant crisis complicate a would-be bright future. “ ...

By Dana Rubinstein New York City, battered by economic headwinds ... is teetering on the brink of a severe budget crisis. For the first time in six years, city officials expect that business ...

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 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 ...