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36 Hours in New York City
  + stars: | 2022-10-06 | by ( Becky Hughes | ) www.nytimes.com   time to read: 1 min
3:30 p.m. Get a bird’s eye view of the cityPack in 400 years of history at the Museum of the City of New York in East Harlem ($20 suggested admission), opposite Central Park at the top end of Museum Mile . Its ongoing exhibition, “ New York at Its Core, ” will give you a glimpse of the neighborhoods you’ll encounter this weekend, and an overview of the many eras of the city’s development, including its few decades as the Dutch settlement of New Amsterdam, its 19th-century shift to an immigrant hub, the growth of the city’s park program after the New Deal and the birth of the punk and hip-hop subcultures of the 1970s and 1980s.
New York (CNN Business) The New York State Comptroller said Tuesday that several of New York City's fiscal challenges could result in a budget gap nearing $10 billion by 2026 — potentially affecting essential services in the future. Total revenue is expected to decline by $10.5 billion in fiscal year 2023, according to a new report titled "Review of the Financial Plan of the City of New York." The city's fiscal position "significantly improved" last year, the report added, but that was due to several one-time factors, including higher than expected tax revenue, extraordinary federal COVID relief aid, and record pension returns due to the stock market's gains. Many of those factors have begun to reverse, the comptroller said. New York City Mayor Eric Adams said during a press conference on Monday that the city is getting ready to "enter a financial typhoon."
The rising cost of rent has prompted some states like New York, Oregon, and California to retool their rent laws. The high upfront cost of a security deposit can dissuade some renters from moving into a new location. Cincinnati recently passed a "Renter's Choice" law, which required landlords of a certain size to provide alternatives to security deposits. Rental properties typically charge both the first month's rent and a one-month's rent security deposit, which puts many apartments out of reach for a median American. A new slew of "renter's choice" laws have been hitting the desks of local, state, and national politicians, offering renters the choice between a traditional security deposit or security deposit insurance.
Persons: Bernie Sanders, Ankur Jain, Scott Stringer, Stringer, Bill de Blasio, Ben Carson, Mike Rudoy, Rudoy, Reichen Kuhl, he's, Kuhl Organizations: Democratic, Federal, Consumer Finances, Legislators, U.S . Department of Housing, Urban Locations: New York , Oregon, California, Cincinnati, of New York, New York, New York City, Virginia, New Hampshire, Reichen
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