Richard Ravitch

New York State Capitol in Albany (file / credit: Steve Scott / WCBS 880)

Report: Future ‘Dire’ For Governments In New York

A non-partisan task force has found New York’s state and local governments remain on an unsustainable fiscal path despite some improvements and a public perception in polls that the outlook is far brighter.


Jay Walder, MTA chairman opens new Jay Street-Metrotech Station (Photo/Ginny Kosola)

MTA Chairman Jay Walder Announces Resignation

Jay Walder is resigning as chairman and chief executive officer of the Metropolitan Transportation Authority effective Oct. 21.


Lt. Gov. Richard Ravitch (credit: AP Photo/Hans Pennink)

Ravitch: NY Infrastructure Seriously Underfunded

The report released Thursday also warns of potential problems with New York’s energy, drinking water and the waste and sewer systems.