CHICAGO — Ordinance Requiring City Data Be Stored in U.S. Held in Committee-
The Chicago City Council Committee on Economic, Capital & Technology Development held an ordinance requiring city data to “be processed, stored,...more
5/23/2024
/ Budget Cuts ,
City Councils ,
Green Buildings ,
Homeless Issues ,
Local Elections ,
Local Ordinance ,
Police ,
Political Candidates ,
Public Safety ,
Public Transit ,
State Budgets ,
Tenants ,
Unions ,
Wage and Hour ,
Wages
NYC Council Passes and Introduces Legislation-
Last Thursday, the NYC Council convened a Stated meeting, where they passed and introduced multiple pieces of legislation. The Council passed legislation requiring an annual...more
Overhaul of the NYS Office of Cannabis Management-
Governor Hochul has directed an operational overhaul of the state’s Office of Cannabis Management (OCM). This follows a 30-day assessment by the Office of General Services,...more
CHICAGO — City Council to Consider Requiring Testing, Guidelines for City Government AI Tools-
Chair of Chicago City Council’s Committee on Economic, Capital & Technology Development Gilbert Villegas (Ward 36) introduced a...more
5/9/2024
/ Affordable Housing ,
Artificial Intelligence ,
Coronavirus/COVID-19 ,
Electric Vehicles ,
Federal Funding ,
Homeless Issues ,
Local Elections ,
Lyft ,
Mayors ,
Political Parties ,
Public Health ,
Public Safety ,
Public Transportation ,
Real Estate Development ,
Ridesharing ,
State Budgets ,
Transportation Industry ,
Uber ,
Vacant Properties ,
Wages
Governor Hochul has nominated Walter Mosley to serve as New York’s Secretary of State. The previous secretary of state, Robert Rodriguez, has taken another statewide role as the head of the Dormitory Authority of New York....more
Mayor Adams Releases FY25 Executive Budget-
Last Wednesday, Mayor Adams released the Fiscal Year 2025 Executive Budget. The Executive Budget for FY25 is $111.6B, higher than the Preliminary Budget at $109.4B. Due to better...more
DETROIT — Newlab Startups Ignite Detroit's Tech Renaissance-
One year in, the members-only shared workspace, research lab, and venture platform in the former Book Depository building next to Michigan Central Station is...more
4/26/2024
/ Affordable Housing ,
Budgets ,
Casinos ,
City Councils ,
Curfews ,
Funding ,
Homeless Issues ,
Local Elections ,
Mayors ,
Migrants ,
Public Transportation ,
Strike ,
Wage and Hour
NYS Lawmakers Pass FY25 Budget-
State lawmakers in New York passed the $237B FY25 state budget, reflecting an increase of $8B from FY24. The budget will retroactively be in effect from April 1, 2024 to March 30, 2025....more
This weekend, state lawmakers passed the $237B FY25 state budget, reflecting an increase of $8B from FY24. The budget was passed more than two weeks after the deadline of April 1, and will be retroactively in effect from...more
Monday evening, Governor Hochul announced the “parameters of a conceptual agreement” on the budget. Some highlights of the announced $237B budget are below:
Housing -
•NYC -
•New 485-a incentive to build housing and...more
Last Thursday, the NYC Council convened a Stated meeting, where they passed and introduced multiple pieces of legislation. The Council passed legislation prohibiting provisions in employment agreements that shorten the period...more
CHICAGO — Gov. JB Pritzker Announces Plan to Make Chicago Quantum Technology Capital-
Illinois Governor JB Pritzker announced a plan to make Chicago a quantum technology capital at M-Hub, a business incubator on Chicago’s...more
4/11/2024
/ Affordable Housing ,
Business Disruption ,
City Councils ,
Coronavirus/COVID-19 ,
Economic Development ,
Endorsements ,
Homeless Issues ,
Local Elections ,
Mayors ,
Mental Health ,
Office Space ,
Ports ,
Property Tax ,
Public Citizen ,
Public Safety ,
Public Transportation ,
Shipping Cargo ,
Tax Increases ,
Wages
Last Monday, the New York City Council released its response to the Mayor’s FY25 Preliminary Budget. The response identifies $6.15B in newly available funds, citing higher-than-expected tax revenue from both the current and...more
Congestion Pricing Rules Finalized by MTA-
Last Wednesday, the Metropolitan Transportation Authority’s Board approved final rules for the city’s Central Business District (CBD) tolling program, with a vote of 11-1. The...more
On Wednesday, March 27, the board of the Metropolitan Transportation Authority approved final rules for the city’s Central Business District tolling program by a vote of 11-1. The final tolling structure closely mirrors the...more
LOS ANGELES — How Tech Sector Downturn has Hurt L.A. Office Market -The Los Angeles tech office space saw fourth-quarter leasing drop to 2.2 million square feet from nearly 3 million square feet the year before....more
3/28/2024
/ Airports ,
Arenas and Stadiums ,
Bridges ,
City Councils ,
Drivers ,
Mayors ,
Mental Health ,
Property Tax ,
Public Health ,
Public Transit ,
Sales Tax ,
Strike ,
Unions ,
Vacant Properties ,
Wage and Hour
Last Tuesday, the New York Court of Appeals made a decision that could significantly change New York City’s property tax system. In a 4-3 decision, New York’s highest court allowed a lawsuit by Tax Equity New York (TENNY) to...more
Last Tuesday, the New York State Assembly and Senate released their one-house budgets, outlining their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high individual earners and the...more
CHICAGO — CTA Calls on Private Companies to Submit Tech Solutions to Improve System-
Last week, the Chicago Transit Authority (CTA) launched the CTA Innovation Studio — calling on private-sector companies to submit ideas...more
3/14/2024
/ Affordable Housing ,
Artificial Intelligence ,
Homeless Issues ,
Machine Learning ,
Migrants ,
Police ,
Public Health ,
Public Safety ,
Public Transit ,
Real Estate Development ,
Sports Betting ,
Tax Revenues
On March 12, 2024, the New York State Assembly and Senate released their one-house budgets, indicating their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high earners, increasing...more
The City Planning Commission voted to advance a zoning text amendment known as the "City of Yes for Economic Opportunity." The proposed changes include 18 changes to current rules, designed to make it easier for small...more
Last Wednesday, the New York State Legislature approved the proposed Congressional maps, and Governor Hochul signed the maps into law. The Assembly approved the maps 115-33, and the Senate approved the maps 45-17, with the...more
CHICAGO — Uber, Lyft Drivers Join Valentine’s Day Strike with Thousands Across Country-
Uber, Lyft, and DoorDash drivers gathered at O’Hare Airport’s rideshare waiting lot on Valentine’s Day to kick off a strike that was...more
2/29/2024
/ Airports ,
City Councils ,
Delivery Drivers ,
Electric Vehicles ,
Federal Funding ,
Homeless Issues ,
Hospitality Industry ,
Mayors ,
Migrants ,
Non-Citizens ,
Public Safety ,
Real Estate Market ,
Strike
Mayor Adams announced that the next round of agency budget cuts, which was expected for April, has been cancelled. Adams originally announced three rounds of budget cuts planned for November 2023, January 2024, and April...more
IRC Approves New Congressional Maps-
New York’s Independent Redistricting Commission (IRC) voted to approve new congressional lines. Small changes have been made to a few upstate districts, but the congressional districts...more