A state board said Tuesday that it believes New York City’s finances are in good shape.
Comptroller Scott Stringer said Wednesday the budgetary elephant in the room this year is the number of open labor agreements the city has to settle.
Mayor Bill de Blasio’s administration has reached a deal with one of the 150 municipal unions working on an expired contract.
It’s the battle of the mayors. Michael Bloomberg has offered an unprecedented challenge to his successor to slash union benefits — for the good of the city — even if it means he doesn’t get re-elected.
Thousands of city workers whose union contracts have expired rallied for new and fair agreements in Lower Manhattan Wednesday afternoon.