NYS Office of the Comptroller DiNapoli: NYC Has Recovered Nearly All Private Sector Jobs Unevenly Across Sectors

 

New York City Industry Employment Trackers Show Arts, Retail and Construction Remain Pre-Pandemic Levels

New York City has recovered 99.4% of private sector jobs it lost in the pandemic, but unevenly across key industries, according to an analysis released by New York State Comptroller Thomas P. DiNapoli.

“The city’s job recovery is good news,” DiNapoli said. “We are seeing strength in the securities, transportation and warehousing and office sectors, but retail, restaurants, construction and tourism continue to lag the national recovery. We need these sectors, which employ hundreds of thousands of workers, to also regain their full pre-pandemic strength to ensure the city’s economic recovery is more robust and inclusive of all New Yorkers.”

Comptroller DiNapoli monitors several industries vital to the city’s comeback and provides monthly updates on the New York City Industry Sector Dashboards, which he launched last year. Key findings across the arts, entertainment and recreation, construction, office, restaurants, retail, securities, tourism and transportation and warehousing sectors include:  

Arts, Entertainment and Recreation

• The arts, entertainment and recreation sector saw an uptick in employment in March of 2023.
• The sector has recovered only about 85% of pre-pandemic jobs, lagging the national job recovery rate for the sector of 96.4%.
• Broadway reopened in September 2021 and makes up one of the largest shares of arts jobs but has been slow to come back. Attendance exceeded pre-pandemic levels for the first time in January of 2023, but has since remained below pre-pandemic levels.

Restaurants

• As of March 2023, the restaurant sector has recovered 95.5% of pre-pandemic jobs, slightly below the rest of the state at 97.3%, and the nation, which has already fully recovered.
• At the height of the pandemic, restaurants lost 73% of jobs compared to 22% in the rest of the private sector.

Retail

• Retailers have only regained 87.4% of jobs in New York City compared to the nation which fully recovered its retail jobs as of March 2023.
• The retail sector saw a 33% drop in jobs between March and April 2020 due to pandemic and mandatory closures of non-essential retail businesses.
• The city’s Fiscal Year (FY) 2024 financial plan does not expect the sector to recover its pandemic job losses before 2027.

Tourism

• The sector has yet to recovery nationally, and tourism employment in the city is still nearly 15% below the pre-pandemic level at the end of the third quarter in 2022.
• Hotel occupancy was about 74% in 2022, far below pre-pandemic levels.

Construction

• As of March 2023, the construction sector has yet to regain 8% of its pre-pandemic jobs. Year-to-date activity in 2023 lags the same period last year, although construction activity was strong in 2022.
• At the onset of the pandemic, the construction sector lost 46% of its jobs compared to only 22% for the private sector, as New York State paused nonessential construction.
• Over the last year, the sector has been hit by the rising interest rate environment influenced by the Federal Reserve’s actions to combat high levels of inflation.

Securities

• The securities sector did not see a notable drop in employment at the onset of the pandemic, as employees were able to shift to remote work.
• While the sector has experienced fluctuations in employment, job growth in the city continues to surpass that of the rest of the state. The sector is currently 6.4% larger than in 2019.
• Sector profits reached $25.8 billion in 2022, 55.8% less than the prior year.

Transportation and Warehousing

• The sector has recovered pandemic job losses despite being hard hit at the onset of the COVID-19 pandemic.
• Employment growth was especially strong in warehousing and storage, and courier and messenger services, due to increased demand for e-commerce.
• The Port of New York and New Jersey surpassed Los Angeles and Long Beach, California to become the biggest port by number of large shipping containers.

Office

• The office sector, which includes the information, financial and real estate, and professional and business services industries regained pandemic job losses by January 2022.
• As of March 2023, jobs in the sector were almost 4% above the pre-pandemic level in 2019.
• Workers continue to return to the office, with the latest data showing an office occupancy rate of nearly 60% on peak days such as Tuesdays. However, concerns over commercial office space linger as vacancy rates remained at 22.2% in the first quarter of 2023.

These dashboards follow a series of reports DiNapoli’s office released over the past two years on the effect of the pandemic on these sectors.

Dashboards

Arts, Entertainment and Recreation

Construction

Office

Restaurant

Retail

Securities

Tourism

Industry Sector Reports

Arts, Entertainment and Recreation (issued in February 2021)

Construction (issued in June 2021)

Office (issued in October 2021)

Restaurants (issued in September 2020)

Retail (issued in December 2020)

Securities (issued in October 2021)

Tourism (issued in April 2021)

Council Votes on Bills to Address Issues in City’s Jail System, Establishing Population Review Process to Reduce Unnecessary Incarceration and Addressing Maternal Health

Council also passed legislation to ban discrimination based on a person’s height and weight, and packages of housing and education bills  

The New York City Council approved legislation to establish population review programs that determine whether people detained in city jails can have their cases resolved or be released into community programs to reduce unnecessary incarceration that inflate the city’s jail population. The bill is an important measure to help efforts towards the successful closure of Rikers Island jails. Another bill required annual reports on medical care and outcomes for incarcerated pregnant individuals. The Council also voted on legislation that would prohibit discrimination in employment, housing and public accommodations based on a person’s height and weight. There were also housing- and education-related bills passed at the Council’s Stated Meeting.

“It’s abundantly clear that Rikers is undermining public safety for New York City,” said Speaker Adrienne Adams. “We cannot allow Rikers to remain open past its legally mandated deadline, and the City must take active steps to ensure we move forward in a timely fashion. Today’s legislation is another step to help address the issues in our jail system and move us towards an effective one. I thank my Council colleagues for their support on this critical legislation.”

Solutions to Problems in City’s Criminal Justice & Jail Systems

Introduction 806-A, sponsored by Council Member Carlina Rivera, would require the establishment of a jail population review program to identify people in custody of the Department of Correction (“DOC”) whose cases could be resolved or who could be safely released into community-based programs.

Introduction 589-A, sponsored by Council Member Carlina Rivera, would require the Department of Correction (DOC), in consultation with relevant agencies, to submit an annual report on incarcerated pregnant individuals’ medical care and outcomes. This report includes specific information on the number of pregnant persons in custody, prenatal and postnatal care and maternal mortality data. 

Resolution 156-A, sponsored by Council Member Carlina Rivera, calls on the State legislature to pass and the Governor to sign the Treatment Not Jails Act. The state legislation would expand eligibility for court-involved individuals to receive treatment for mental illness and substance abuse, rather than be sent further into the criminal justice system

“Pregnant women should not be in jail, and those who are incarcerated must be treated with dignity and respect, and the City must be held accountable for their treatment and wellbeing,” said Council Member Carlina Rivera. “I’m proud to be passing legislation today that will make sure this population with unique health needs — including women with higher rates of trauma and mental illness — are getting the proper care while in custody, prior to, during and after childbirth. We must dramatically reduce the number of women who are incarcerated and increase available programs and neighborhood based treatment and support to protect our communities.”

Banning Discrimination Based on a Person’s Height or Weight

Introduction 209-A, sponsored by Council Member Shaun Abreu, would amend the New York City Human Rights Law (HRL) to prohibit discrimination in employment, housing, and public accommodations on the basis of a person’s height or weight.

“There is a glaring absence in New York City’s Human Rights Law: protections against height and weight discrimination, which affected 2 million New Yorkers alone in 2019. Size discrimination is a social justice issue and a public health threat. People with different body types are not only denied jobs and promotions that they deserve, but their whole existence has also been denied by a society that offers no legal remedy for this rampant prejudice,” said Council Member Shaun Abreu. “I am so proud that our city is finally taking action and leading the fight for size freedom and body positivity. Thanks to the advocates, labor organizations, and medical experts who united behind this cause, New York City will now be the most populous municipality in the world to ban size discrimination. It is my hope that other cities and states — and one day the federal government — will follow our lead. Our diversity only makes us stronger.”

Protecting Tenants and Enforcing Housing Regulations

Introduction 434-A, sponsored by Council Member Pierina Sanchez,will expand the Heat Sensors Program, which was established in 2020 as an additional tool for enforcing the Housing Maintenance Code. Under the Heat Sensors Program, the Department of Housing Preservation and Development (HPD) selects 50 multifamily buildings, aimed at targeting the worst offenders, to install heat sensors in the living room of every apartment in the selected buildings. The devices help monitor indoor temperatures to ensure that property owners are complying with the Housing Maintenance Code’s requirements to maintain certain indoor temperatures during heat season, which runs from October 1st to May 31st. This bill expands the number of participating buildings selected, refines the selection criteria for identifying participating buildings, improves notice to tenants, and increases HPD’s inspection requirements.     

Introduction 875-B, sponsored by Council Member Pierina Sanchez, will amend the city’s administrative code, the city’s plumbing code, the New York City building code, the New York city mechanical code and the New York city fuel gas code, in relation to technical corrections, clarifications and modifications to provisions of the New York city construction codes.

“Today’s passage of these bills marks a crucial step in our ongoing efforts to protect tenants, crack down on the worst landlords in order to preserve affordable housing, and ensure the safety of all New Yorkers. By expanding the Heat Sensor Program, we are taking a critical step towards improving housing quality and keeping New Yorkers safe in their homes. As it gets warmer outside, we must prepare for the next cold season. No one should have to choose between their safety and their comfort, sufficient heat must be provided safely by landlords, and with this expansion, we are doubling our efforts to hold bad actors accountable for denying tenants basic rights. Additionally, the technical corrections and modifications in Introduction 875-B will help ensure that our city’s construction codes are up-to-date and effective in protecting the health and safety of all New Yorkers while also advancing our commitment to combat climate change. I am proud to support these bills and their positive impact on our city,” said Council Member Pierina Sanchez.

Introduction 583-A, sponsored by Public Advocate Jumaane Williams, will increase penalties for violations issued by the Department of Housing preservation and Development, and requires HPD to maintain a certification of correction watch list. Any listed landlord on this watch list would be prohibited from certifying correction of violations in multiple dwellings, unless HPD has attempted at least two re-inspections, or those violations are excluded from the calculations that identify buildings on the watch list.

“Last year’s Worst Landlord Watchlist saw the most violations in its history as buildings deteriorate and rents rise under landlords who put profit over people,” said Public Advocate Jumaane Williams. “They exploit loopholes to shamelessly dodge accountability and avoid repairs, while tenants suffer. Passing this Worst Landlord law will prevent the worst owners in the city from self-certifying repairs that haven’t been made and increase penalties for failing to fix violations so that fines aren’t just part of the cost of doing business. Our list is designed in part to shame the worst landlords in the city — but for owners who are shameless in their negligence, this law will hold them to account and deliver relief to countless tenants facing unlivable conditions.”

Increasing Transparency at the Department of Education

Introduction 644, sponsored by Council Member Nantasha Williams, would require the Department of Education (DOE) to post information on its website informing people on how to establish afterschool programs.

“The Department of Education plays a crucial role in promoting educational opportunities beyond the regular school day,” said Council Member Nantasha Williams. “With Int. 644-A, accessible information on program setup will equip communities with the necessary tools to address the growing need for quality after-school options, promoting equity and enhancing educational outcomes for all learners.”

Introduction 868, sponsored by Council Member Althea Stevens, would require the DOE to report annually on the number of students in each building that provides a District 75 program, and the criteria the DOE uses to determine where D75 programs are established.

“This piece of legislation is an investment to our students on the back end, in addition to what is required to improve transparency and provide adequate information to guarantee the success of students of our District 75 programs,” said Council Member Althea Stevens. “Equity and accessibility are important, especially when we talk about our children’s education. One day, they will be filling the shoes that all of us walk in and will make historical strides, but first, as a city, we must ensure that we are providing our students with the tools and necessary support needed and that all starts with efficient data.”

Introduction 725, sponsored by Council Member Linda Lee, would require the DOE to create a centralized website to allow schools to list their surplus school supplies for other schools to claim.

“If we are to ensure that the next generation has the opportunities to succeed and thrive, we must provide the tools and resources necessary to facilitate quality educational experiences for every child in New York City,” said Council Member Linda Lee, Chair of the Committee on Mental Health Disabilities and Addictions. “Int. 725 will create a much-needed platform for school administrators to post surplus supplies to initiate exchanges, allowing enhanced communication to save precious resources, boost efficiency, and mitigate waste across public schools. Thank you, Speaker Adrienne Adams, Chair Rita Joseph, and my City Council colleagues, for your leadership and support in this effort for our students.”

Land Use

23-10 Queens Plaza South – will facilitate an enlargement of an existing 4-story building, which will result in a 26–story commercial building that will include office, retail and community facility uses in Council Member Won’s district.

2560 Boston Road Rezoning – will facilitate a new 9-story, mixed-use development, including approximately 333 affordable housing units, 15,000 square feet supermarket, 6,750 square feet community facility space and approximately 117 parking spaces in Council Member Velázquez’s district.  

The Coordinated Street Furniture Franchise Agreement – a Department of Transportation (DOT) request for the Council’s support in amending and extending the current 20-year agreement to a 25-year team with franchisee JCDecaux, to facilitate the expansion of bus shelters and automated public toilet installations citywide. 

Finance

·         Transparency Resolution: Approving new designations and changes of certain organizations receiving funding in the Expense Budget.

·         Pre-considered Resolution: Amending a previously granted tax exemption for one building in the Lower East Side in Council Member Carlina Rivera’s district. 

·         Pre-considered Resolution: Authorizing an Article XI exemption for one building in Bedford-Stuyvesant, in Council Member Chi Ossé’s district. 

·         Pre-considered Resolution: Authorizing an Article XI exemption for two buildings in Corona, in Council Member Francisco Moya’s district.

·         Pre-considered Resolution: Authorizing an Article XI exemption for one building in Bushwick, in Council Member Sandy Nurse’s district.

·         Pre-considered Resolution: Authorizing an Article V exemption for one building in Kips Bay, in Council Member Carlina Rivera’s district.

·         Pre-considered Resolution: Authorizing an Article XI exemption for one building in Bedford-Stuyvesant, in Council Member Chi Ossé’s district.

Silk Road Drug Vendor Who Claimed To Commit Murders-For-Hire For Silk Road Founder Ross Ulbricht Charged With Narcotics And Money Laundering Conspiracies

 

 Damian Williams, the United States Attorney for the Southern District of New York, and Thomas M. Fattorusso, the Special Agent in Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation (“IRS-CI”), announced the unsealing of an Indictment charging JAMES ELLINGSON, a/k/a “redandwhite,” with narcotics trafficking and money laundering offenses in connection with his sale of large quantities of narcotics on the “Silk Road” online marketplace.  In connection with his drug trafficking on Silk Road, ELLINGSON claimed to have arranged for the murder of five people for Silk Road founder Ross Ulbricht, a/k/a “Dread Pirate Roberts,” for which he was paid hundreds of thousands of dollars in Bitcoin.  Law enforcement does not possess any evidence that the purported murders actually took place.  ELLINGSON was previously arrested in Canada.  The case is assigned to U.S. District Judge Jennifer L. Rochon.   

U.S. Attorney Damian Williams said: “As alleged, Ellingson used the Dark Web to ship dangerous drugs around the world, including to New York City.  He discussed with Silk Road’s founder a plot to kill five people and received hundreds of thousands of dollars in Bitcoin in exchange.  Others who would try to hide in the shadows of the Internet should know that federal law enforcement will continue to uncover crime, wherever and however committed.”

IRS-CI Special Agent in Charge Thomas M. Fattorusso said: “Ellingson’s alleged criminal actions are far more egregious than just money laundering or the large quantities of narcotics trafficked through the ‘Silk Road’ online marketplace.  He also claimed to have acted as the middleman between the Silk Road founder and murderers-for-hire.  Now, Ellingson will face the consequences of his actions.”

According to the allegations in the Indictment:[1]

ELLINGSON is a Canadian citizen who lived in the vicinity of Vancouver, Canada.  From 2011 to 2013, ELLINGSON sold large quantities of narcotics through the Silk Road online marketplace under the usernames “MarijuanaIsMyMuse” and “Lucydrop.”  Through his Silk Road usernames, ELLINGSON sold more than four kilograms of methamphetamine, more than 100 grams of heroin, more than two kilograms of cocaine, more than six grams of LSD, approximately seven kilograms of the drug commonly known as “ecstasy” or “MDMA,” and more than 19 kilograms of marijuana, among other narcotics, to Silk Road customers in exchange for Bitcoin, including to customers in New York City.       

In March 2013, ELLINGSON, using the Silk Road username “redandwhite,” contacted Ulbricht, Silk Road’s founder, regarding a purported Silk Road user who had threatened to release personal identifying information of Silk Road drug vendors and customers.  In these messages, Ellingson claimed to have control over most drug trafficking in Western Canada. 

In one message, Ulbricht informed ELLINGSON that “[the murder target] is a liability and I wouldn't mind if he was executed.”  In another message, Ulbricht stated: “[the murder target] is causing me problems . . . I would like to put a bounty on his head if it’s not too much trouble for you.  What would be an adequate amount to motivate you to find him?”  ELLINGSON responded, “[the p]rice for clean is 300k+ USD,” and the “[p]rice for non-clean is 150-200k USD depending on how you want it done.”  ELLINGSON further explained, in part, that “[t]hese prices pay for 2 professional hitters including their travel expenses and work they put in.” 

Ulbricht later sent ELLINGSON $150,000 worth of Bitcoin to pay for the purported murder.  ELLINGSON and Ulbricht agreed on a code to be included with a photograph to prove that the murder had been carried out.  In April 2013, ELLINGSON and Ulbricht exchanged messages reflecting that ELLINGSON had sent Ulbricht photographic proof of the murder.  A thumbnail of a deleted photograph purporting to depict a man lying on a floor in a pool of blood with tape over his mouth was recovered from Ulbricht’s laptop after his arrest.  A piece of paper with the agreed-upon code written on it is shown in the photograph next to the head of the purportedly dead individual.

Later in April 2013, ELLINGSON and Ulbricht exchanged additional messages regarding a plot to kill four additional people in Canada.  Ulbricht sent ELLINGSON an additional $500,000 worth of Bitcoin for the murders.  ELLINGSON claimed to Ulbricht in online messages that the murders had in fact been committed.  

Law enforcement does not possess any evidence that the purported murders ELLINGSON claimed to have arranged actually took place. 

ELLINGSON, 47, of Vancouver, British Colombia, Canada, is charged with one count of narcotics trafficking conspiracy and one count of narcotics importation conspiracy, which each carry a mandatory minimum sentence of 10 years in prison and a maximum sentence of life in prison, and one count of money laundering conspiracy, which carries a maximum sentence of 20 years in prison. 

The statutory minimum and maximum penalties are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendant would be determined by a judge.

Mr. Williams praised the outstanding investigative work of IRS-CI’s New York Field Office and thanked the U.S. Department of Justice’s Office of International Affairs for their assistance in the extradition proceedings. 

The charges contained in the Indictment are merely accusations, and the defendant is presumed innocent unless and until proven guilty. 

[1] As the introductory phrase signifies, the entirety of the text of the Indictment and the description of the Indictment set forth herein constitute only allegations, and every fact described should be treated as an allegation.

Governor Hochul Announces Central Business District Tolling Program Final Environmental Assessment and Draft 'Finding of No Significant Impact' Now Available

 

Milestone in Process Toward Authorization of Nation's First Central Business District Tolling Program; Would Improve Regional Air Quality, Tackle New York City's Severe Congestion Problem and Deliver Critical Capital Funding for Transit

Updates to Environmental Assessment Build on Commitments to Environmental Justice Communities

Release of Documents Begins 30-Day Period of Formal Document Availability for Public Notice

Traffic Mobility Review Board to Work on Recommendations on Toll Rates and Structure

 Governor Kathy Hochul today announced that the Metropolitan Transportation Authority, New York State Department of Transportation and New York City Department of Transportation have released the Final Environmental Assessment for the Central Business District Tolling Program and a draft "Finding of No Significant Impact," prepared by the Federal Highway Administration.

"This is a significant milestone, bringing us closer to a future where New Yorkers have cleaner air, better public transit and less traffic clogging our streets," Governor Hochul said. "This program is critical to New York City's long-term success, ensuring our commuters and businesses are able to grow and thrive."

Today's release of the documents begins a 30-day period in which they are formally available for public review online here. Those who prefer hard copies may view them at locations listed on the website. After the 30 days elapse, the Federal Highway Administration (FHWA) will make its final decision, completing its review of the potential environmental effects of allowing the Central Business District Tolling Program. Following entry into a tolling agreement with the Federal Highway Administration, tolling could begin up to 310 days later, during which contractors would design, build, test and activate tolling equipment.

During that period, a six-member Traffic Mobility Review Board (TMRB) would develop recommended toll rates along with any potential discounts, crossing credits and/or exemptions. The recommendation would be presented to the MTA Board acting in its legal capacity as the board of the Triborough Bridge and Tunnel Authority, the MTA agency that would collect the tolls. Following the filing and publication of a proposed tolling structure and a public comment period, the MTA would hold a public hearing before any tolling structure is adopted.

New York City Mayor Eric Adams said, "The federal government has given congestion pricing another green light, and we're ready to get it done right. This about more than reducing traffic. We'll invest in our transit system and clean up the air in the most polluted communities. Building a stronger future means ensuring progress includes everyone, and we don't push consequences into overlooked communities. This plan will serve all New Yorkers and won't leave anyone behind. I want to thank U.S. Transportation Secretary Buttigieg, Governor Hochul, Congressman Torres, and all of the advocates who kept their foot on the gas in moving this forward."

MTA Chair and CEO Janno Lieber said, "Congestion pricing means less traffic, safer streets, cleaner air, more economic opportunity, and better transit."

The Final Environmental Assessment Builds on Previous Commitments to Environmental Justice Communities

Together, the MTA and two departments of transportation are committing $207.5 million over five years for mitigation measures largely focused on environmental justice (EJ) communities and populations. This includes a $47.5 million set aside for a new low-income discount and $5 million for additional monitoring of traffic, air quality, and transit station elements.

As reflected in the Final Environmental Assessment, the mitigation measures would address potential adverse effects in environmental justice communities. New commitments in the Final Environmental Assessment include:

• A low-income driver discount program would provide a 25% discount for low-income frequent drivers on the full CBD E-ZPass toll rate after the first 10 trips in each calendar month (excluding the overnight period)
• Taxis and for-hire-vehicles may not be tolled more than once a day
• Regional mitigation measures
  • Provide a discount of at least 50% on the peak toll for trucks and other vehicles from at least 12 a.m. to 4 a.m.
  • Expand NYC DOT's Clean Trucks Program to accelerate the replacement of old diesel trucks to lower-emission vehicles
  • Expand NYC DOT's Off-Hours Delivery Program
• Place-based mitigation measures
  • Retrofit refrigeration trailers (TRUs) at Hunts Point Market from dirty diesel to clean hybrid diesel
  • Expand electric truck charging infrastructure
  • Renovate parks and expand vegetative barriers along highways in EJ communities
  • Install air filtration units in schools near highways
  • Expand the NYC Department of Health and Mental Hygiene's asthma case management program in schools and establish a new asthma center in the Bronx

The TMRB may recommend policies related to discounts and exemptions that go beyond the commitments in the EA.

These commitments are an expansion from the commitments earlier outlined such as prioritizing the electrification of bus depots located in the Bronx and Upper Manhattan EJ communities, providing a tax credit for low-income CBD residents with adjusted gross income less than $60k and eliminating the $10 E-ZPass tag deposit fee. For the full list of commitments, see here.

Program Benefits

Across the 28-county area studied in the environmental review, the assessment finds that of those who commute to work in Manhattan's Central Business District (CBD), only 11% drive and 85% use public transportation. By reducing congestion and creating revenue for public transportation, the program would benefit millions of people every day. Through the new package of mitigations, the program will also significantly invest in air quality in environmental justice communities.

Less traffic congestion. New York is among the most congested cities in the United States. Congested streets slow down buses, delay delivery services, raise the cost of doing business, and degrade our quality of life. The Environmental Assessment estimates a roughly 15-20% reduction in the number of vehicles entering the Central Business District, or about 110,000 to 143,000 fewer vehicles daily, about as many as enter Manhattan on the Brooklyn Bridge today.

New York City buses serve a greater share of low-income and minority households compared to other modes of transportation, including subways. Local bus speeds have declined 28% in the Central Business District since 2010 and Select Bus Service in Manhattan is 19% slower than Select Bus Service in other boroughs. While ongoing MTA initiatives such as the bus network redesigns have shown improvement in speeds, congestion pricing would not only improve travel times for bus service, but also paratransit service.

A more equitable, accessible transit system. The program would generate net revenues sufficient to leverage $15 billion for the MTA's 2020-2024 Capital Program which includes transformational projects. The MTA's transit system, and particularly the bus network, promotes equity by serving low-income and minority communities. The funding would allow the MTA to progress on its aggressive timeline of completing accessibility improvements, along with performing necessary state-of-good repair work to the more-than-a-century old transit system.

A healthier, more sustainable future. Congestion pricing would improve overall regional air quality with one of the most comprehensive plans the region has implemented to support a greener future. The environmental assessment found in all tolling scenarios an overall decrease in vehicle-miles traveled in the Central Business District and region overall, and that the program would encourage some commuters to shift from their vehicles to transit.

Outreach and Community Engagement Unprecedented in Scope

Over the course of the environmental review process, the Project Partners held 19 early outreach sessions, of which nine were focused on environmental justice communities, 10 meetings with Environmental Justice Technical Advisory and Stakeholder Working Groups, and six public hearings after the release of the draft Environmental Assessment in August 2022. Nearly 950 speakers participated in early outreach sessions and public hearings, combined. Additional meetings were held separately for elected officials, community boards, transit and environmental advocates, and other interested parties.

The MTA and two departments of transportation received and responded to more than 22,000 individual comments and more than 55,000 form submissions. There were more than 25,000 views cumulatively of online videos of the public hearings.

The Environmental Assessment's Study Area

Incorporating and documenting all public input, the Final Environmental Assessment analyzes the impact of Central Business District Tolling on traffic congestion, transit, air quality and numerous other environmental indicators in 28 counties across New York, New Jersey and Connecticut. The Study Area contains 22 million people, including 12.3 million residents residing in environmental justice communities, and five Tribal Nations.

The Environmental Assessment assesses impacts to traffic and public transportation for a regional transportation network with 28.8 million journeys per average weekday, 61,000 highway linkage points, 4,600 traffic analysis zones, 44,267 bus stops or transit stations, 4,170 transit routes, and more than a dozen public transportation providers in addition to the MTA, including NJ TRANSIT, PATH, ferries, and regional bus systems including Westchester County Bee-Line, NICE, and Suffolk County Transit.

Background on the Central Business District Tolling Program

The Central Business District Tolling Program was mandated by the State in April 2019 and modeled on urban congestion pricing programs around the world to reduce traffic congestion and raise needed revenue to improve public transportation. The program would charge vehicles a toll for traveling in Manhattan south of and inclusive of 60th Street, excluding through-traffic on the Franklin D. Roosevelt Drive, West Side Highway, Battery Park Underpass, and roadway portions of the Hugh L. Carey Tunnel connecting to West Street.

Governor Hochul Announces Construction Of 698-Unit Development At 405-407 West 206th Street In Inwood, Manhattan

 

This week Governor Kathy Hochul announced the start of construction on a $416 million residential development in Inwood, Manhattan. The two-building, mixed-income project at 405 and 407 West 206th Street will bring nearly 700 apartments with 281 affordable units with free broadband internet, all-electric heating and cooling, and other sustainable features in line with the state’s climate goals. The development is a joint venture among LMXD affiliate of L+M Development Partners, MSquared, and Taconic Partners with the Community League of the Heights as the community sponsor, and Beyer Blinder Belle Architects responsible for design.

“My administration is fighting to ensure every New Yorker has the opportunity to live in a safe, secure, sustainable home in a thriving community like Inwood,” Governor Hochul said. “This development will not only create new homes but will also provide essential services and amenities that increase quality of life and boost the economy for the entire community.”

405 and 407 West 206th Street are part of Governor Hochul’s $25 billion comprehensive housing plan that will create or preserve 100,000 affordable homes across New York, including 10,000 with supportive services for vulnerable populations, plus the electrification of an additional 50,000 homes that currently use carbon emissions.

“Mixed-use, energy-efficient developments like 405-407 206th Street are critical for addressing our city’s housing needs and help ensure that our communities are built to thrive,” said George Tsapelas, senior vice president of Taconic Partners. “With the addition of nearly 700 homes, vital community resources and cultural amenities, all built with an eye towards sustainable design, residents will have a high-quality, accessible place to call home.”

Together the buildings will have a mix of studios, one-, two-, and three-bedroom apartments. Forty percent of the apartments are reserved for residents earning at or below 80 percent of the area median income (AMI). An additional 10 percent of apartments will have rents restricted up to 30 percent of 120 percent of AMI and be subject to NYC rent stabilization guidelines. The remaining units will be designated as market rate.

Residents will have access to an expansive suite of shared amenities including landscaped courtyards, an attended lobby, multiple roof decks, a fitness center, coworking spaces, lounge spaces, and music rehearsal rooms. The complex will also house a supermarket under the city of New York’s Food Retail Expansion to Support Health Program program, as well as retail space, parking, and an immigrant-centered performing arts center to be owned and operated by the People’s Theatre Project.

The project meets the new sustainability standards established by New York State Homes and Community Renewal in 2022, which promote healthier living environments and highly efficient buildings. It also supports the goals set by the New York State Climate Leadership and Community Protection Act and will pursue a LEED BD+C Silver certification.

Financing for the affordable portion of the new development includes nearly $70 million in low income housing tax credit equity and nearly $82 million in tax-exempt bonds and almost $182 million in taxable bonds provided by New York State Homes and Community Renewal. In addition, the project applicant is applying for an estimated $39.5 million in tax credits following work completed to investigate and clean up contamination under Department of Environmental Conservation oversight as part of the state’s successful Brownfield Cleanup Program.