News & Events
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Spring Briefing for Supporters
Thanks to everyone who attended our spring briefing for New Economy Project’s community of supporters! Check out video of the event here.
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Harlem World: Activists And Electeds Cheer End Of The Rudy Giuliani Created NYC Tax Lien Sale
Harlem World — Today, activists and elected advocates gathered on the steps of City Hall to celebrate the end of the Rudy Giuliani-created Lien Sale program. Since 1996, New York City has been selling the right to collect delinquent property tax and water debt at a discount to a privately administered hedge fund-backed Lien Trust.
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City Limits: As NYC Considers Scrapping Tax Lien Sale, Land Trust Plan Gains Steam
City Limits — New York City’s most recent property tax lien sale may be its last as momentum grows for a new debt collection model—including a plan to cut out private firms, reduce penalties and empower community land trusts.
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The Baffler: Lien On Me
The Baffler — Debra Ack was running out of time. On December 17, New York City would transfer over a hundred million dollars of publicly held debt into private hands—and many of those affected didn’t even know about it. That’s why Ack, along with other volunteers from the East New York Community Land Trust (CLT),…
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Groups Urge NY Senate to Oppose Gov. Hochul’s Nomination for Supt. of Financial Services, as Confirmation Process Begins
As the New York Senate prepares for hearings this week on Governor Hochul’s nomination of Adrienne Harris for Superintendent of the NYS Department of Financial Services, racial and economic justice groups delivered a letter to Majority Leader Andrea Stewart-Cousins, urging the Senate to conduct a rigorous examination of Ms. Harris’ record and experience.
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NY State of Politics: Supporters Push for Public Banking Bill to Aid Underserved Communities
NY State of Politics — Advocates on Tuesday began another push to approve a measure creating a regulatory system for public banks in New York state in order to bring more financial institutions to underserved communities.
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150 Community And Labor Groups Call on Albany To Pass NY Public Banking Act
Today, 150 organizations from across New York State delivered a letter to state legislative leaders urging swift passage of the “New York Public Banking Act” (S1762A/A5782) to advance racial equity and ensure a just recovery for all New Yorkers.
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Common Dreams: 150+ NY Groups Back Public Banking Bill to Declare ‘Independence From Wall Street’
Common Dreams — Over 150 advocacy groups from across the Empire State Tuesday sent a letter to New York legislative leaders urging them to follow in the footsteps of places like North Dakota, Germany, and Costa Rica and pass legislation allowing the creation of public banks that would help “advance racial equity and ensure a just…
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2021 Roundup
Check out the new two-page snapshot highlighting some of New Economy Project’s work, events, and media coverage during 2021!