The focus on the city’s housing supply challenge. One of the primary drivers of high rents is an excess of demand over supply—or, put more simply, a supply shortage.
This Spotlight examines how the City’s actual General Fund revenues and expenditures compare to the projections in the budgets adopted in June of the previous year, and how this performance evolved over the past decade
NYC's economy, though quite complex and diverse, has been driven in large part by the securities industry (more colloquially, Wall Street) for the past half century. As a result, the city’s economic fortunes have been highly dependent on the ups and downs of the financial industry and markets