March
2023
2
New York Amsterdam News — Passionate Black and brown housing advocates from across New York City rallied at City Hall last Thursday to demand the passage of “social housing” bills that would address the city’s housing crisis.
March
2023
2
Noema — Gregory Jost noticed the first two bank branches close in the Bronx about six months before the pandemic. They were right next to each other: a Chase and a Bank of America, about three blocks from his son’s school in Norwood, and one day, he walked by and saw they were gone.
March
2023
1
Gotham Gazette Opinion — Here’s something that might surprise you: Almost all of the $100 billion in revenue New York City will collect this year to pay for schools, buses, and other public services will be deposited in three big banks – JPMorgan Chase, Bank of America, and Citi. That’s because New York State requires local governments to put our public funds in banks, essentially handing Wall Street a lucrative monopoly that it has lobbied to uphold for more than a century.
February
2023
24
AM New York — Progressive City Council members have renewed their push for legislation aimed at reducing housing speculation by giving nonprofits and community land trusts priority on purchasing housing that come up for sale.
February
2023
10
American Banker — New York City will now require banks that want to hold city deposits to provide detailed plans about what they’re doing to root out discrimination in their lending and employment practices.
February
2023
9
Next City — New York City is inching closer to passing crucial legislation that would strengthen its community land trust movement. A bill that would give nonprofits and community land trusts the right of first refusal when a private landlord sells residential housing has enough co-sponsors to become law, as does another piece of legislation requiring the city to prioritize nonprofits when developing public land for public use.
February
2023
8
NY State of Politics – Supporters of a measure meant to create public banks in New York state in communities that lack basic financial institutions are making a renewed push this year for plan.
January
2023
11
City & State NY Opinion – Last month, New York’s Climate Action Council voted to approve a framework for meeting goals mandated in the state’s landmark 2019 Climate Leadership and Community Protection Act. The plan recommends ambitious policy changes to reduce greenhouse gas emissions by 40% in the next seven years and 85% by 2050. Now, it’s up to Gov. Hochul, the Legislature, and state agencies to implement the plan.
January
2023
1
Check out the new two-page snapshot highlighting some of New Economy Project’s work, events, and media coverage during 2022!
December
2022
5
New Economy Project founder and co-director Sarah Ludwig and For The Many’s Brahvan Ranga speak with David Lombardo about the NYS Community Equity Agenda’s 2023 policy platform and the upcoming Albany legislative session. Listen here.