Page 6 - Comptroller Scott Stringer News Today

The latest grim assessment from the court-appointed monitor, Steve Martin, came on the same day it emerged that the city spends more than $550,000 on average to house a single detainee in the jails for one year — nearly four times more than it cost in 2011.

New York's incoming mayor must balance some short-term fiscal advantages with longer-term concerns.

A new report from Comptroller Scott Stringer offers a more comprehensive picture of who left New York City during the height of the pandemic, where they went, and who has come back over the past 20 months.

Eric Adams must deal with the COVID-19 pandemic's lingering effects, which include new remote-work patterns that may affect tax revenue and real estate values.

The mayoral candidates faced off in their first televised debate in advance of the Nov. 2 election.

Profits were up in New York City's securities industry, according to the state comptroller's annual report, even as job losses accelerated.

NYC Shifting Public Pension Money Out Of Fossil Fuels

A group of protesters hope the action will force a new plan from City Hall to help them pay off what they owe on medallion loans.

About 84% of minority- and women-owned business enterprises still do not have access to city government spending, according to the latest report.

While move-outs still outpace move-ins, the rate at which people are leaving has slowed and returned to near pre-pandemic patterns. A return by workers to offices is also rising, but occupancy in the city remains lower than almost all major metropolitan areas in the U.S. except for San Jose and San Francisco in California.