News & Events
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Spring Garden Party
Thanks to those who joined us for our Spring Garden Party on Sunday, May 17, 2015.
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New Yorkers Rally to Demand Strong Rent Laws
In just one month, New York State rent and co-op protection laws will expire. If they are not renewed, 1 million households currently protected by rent and tenant regulations could be threatened with eviction. Renewal, however, is not enough. The progressive weakening of rent protections over the last two decades has drastically reduced access to…
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Daily News: Redlining and Predatory Lending Persist in New York’s Communities of Color
Daily News — “There’s a serious lack of brick-and-mortar branches in communities of color. That means people are once again denied access to banking services. The same problems with redlining are persisting,” says Josh Zinner, co-director of the New Economy Project, a leading advocacy group.
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Lawsuit Against JPMorgan Chase Charges Bank With Fraudulent And Deceptive Lending
New Economy Project filed a federal lawsuit against JPMorgan Chase and a Bronx-based car dealer last week, charging that the defendants defrauded Manhattan resident Olga Arroyo into buying a car and taking out an auto loan, in violation of multiple state and federal consumer protection laws.
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Wall Street Journal: An SUV, a Loan and a Lawsuit
Wall Street Journal — Olga Arroyo said she went to an auto dealership in the Bronx last year planning to cosign a car loan for her 39-year-old son. But the 56-year-old Manhattan resident, who has good credit but monthly income of only $1,354 in Social Security benefits, said she unwittingly left with a $51,000 car…
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Statement on NYC’s Ban of Discriminatory Employment Credit Checks
Today, Mayor de Blasio signed into law Intro 261, which bans employers in NYC from using credit checks in hiring and promotion decisions. New Economy Project commends the Mayor and NYC Council for taking this important step to end employment credit checks.
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Why We March on May Day
This May Day, New Economy Project is proud to march with workers from across the city and globe for worker justice and against income inequality.
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Shareholder Action Update: Spotlight on JPMorgan Chase
We all know that Wall Street banks use their tremendous economic and political power to shape and defeat all sorts of laws and regulations. At New Economy Project, we think that a system that allows giant corporations to dominate our political process is fundamentally wrong and woefully undemocratic.
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The Nation: New York City Just Outlawed Running Credit Checks on Job Applicants
The Nation — The legislation, which passed last Thursday following an extensive grassroots campaign by local and national labor and community groups, restricts a boss, prospective employer or agency from “us[ing] an individual’s consumer credit history in making employment decisions.”
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Victory! NYC Bans Employment Credit Checks
“I felt like my choices for a better life were taken away when I found out that credit checks were blocking me from getting a job. This law will make sure that other people won’t have to go through what I experienced.” – Shelly Martin, Harlem resident & member of NYC Coalition to Stop Credit…