Environmental and community groups gathered outside New York University’s Kimmel Center this morning, rallying against a natural gas pipeline proposed by the Williams energy company. Meanwhile, inside, Governor Cuomo announced a $1.4 billion commitment to renewable energy programs. It’s said to be the biggest by any state in US history, but some protesters continue to say that Cuomo isn’t doing enough to stop fracking off the coast of New York City and elsewhere. Keep Reading »
After a week of “secret talks” with leadership from one of the state’s most powerful interest groups, details are emerging regarding Governor Cuomo’s first major steps toward reviving 421-a. The New York Times broke the news yesterday evening about the first sign of a turning point for the controversial billion-dollar, affordable-housing tax abatement that was allowed to expire in January.
A bill that would help the smallest of small businesses tap into much-needed loans and funding has cleared the State Senate and Assembly. Today, the bill’s co-sponsor, State Senator Daniel Squadron, whose district includes the Lower East Side and parts of Greenpoint, Williamsburg and the East Village, gathered with other boosters of the Small Business Support bill to call on Governor Cuomo to sign it into law. The measure calls on the state to prioritize micro-businesses (i.e. those with less than five employees) when awarding Small Business Revolving Loan Fund loans, and would waive application fees for approved “micro-loans” of under $5,000.
New York University will raise the minimum wage of Work Study recipients and other student workers to $15 per hour in the next three years. In a memorandum sent out today to the entire NYU community, the university’s new president, Andy Hamilton, laid out his plan to gradually increase the student workers’ minimum wage, which is currently $9 per hour. The memorandum explained that NYU’s Budget Office will implement a minimum wage of $12 per hour for the academic year 2016-17, $13.50 per hour for 2017-18, and $15 per hour 2018-19.