New York City Mayor Eric Adams said Sunday that city officials will need to make "extremely painful" cuts in the budget next year as the effect of the migrant crisis on the Big Apple was bigger ...

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.

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.

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 ...

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 ...

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 ...

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 ...

In the weeks leading up to the NYC budget deal being finalized Sunday ... due to expenditures related to the ongoing migrant crisis; the City Council had insisted the money had been there from ...

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

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 ...