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Yes!: How Activists Are Trying to Change the Way Banking Gets Done
Yes! — With $10 trillion in assets at their collective disposal, big banks like Chase and Wells Fargo could do a lot of good. Yet, despite being “too big to fail,” these banks fail people every day. Whether it’s the persistent use of predatory practices, their enduring discrimination, or their insistent investment in exploitative and…
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WBAI: Living for the City
Our Associate Director Andy Morrison spoke with Living for the City’s Michael G. Haskins about the campaign to bring a public bank to New York City.
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Take Action for a New Economy!
Do you want to see public banking and community land trusts thrive in New York City? Send a message to your Council Member urging them to pass the “Community Land Act” and the “People’s Bank Act” today.
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Fall Briefing: Changing the Narrative
Thanks to all who joined us for our 2022 Fall Briefing for Supporters. Check out video from the event here.
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Community Groups, Electeds Award NYC’s “Worst Banks of 2022”
City and State officials, including NYC Public Advocate Jumaane D. Williams, NYS Senator Jabari Brisport, and NYS Assemblymember Yuh-Line Niou, joined community, labor, and cooperative organizations to present “awards” to New York City’s “Worst Banks of 2022.”
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Tenant Takeover: How New Yorkers Are Organizing for Community and Resident Control
Learn how New Yorkers are organizing to collectively bring housing under community control.
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New Analysis Reveals NYC’s Banking Activities Take Massive Hidden Toll on Climate
As this year’s corporate-sponsored “Climate Week NYC” sputters on, New Economy Project and the Public Bank NYC coalition released an analysis estimating that NYC’s financial investments and cash deposits in big banks generate 757 kilotons of greenhouse gas emissions (GHG)* annually. This previously unreported figure would represent the second largest source of GHG emissions by…
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City & State NY: As Homeownership Rates Decline in New York City, Could Community Land Trusts be an Answer?
City & State NY — Over the past decade in New York City, a housing shortage, increased investor activity and quickly rising home prices have exacerbated the affordable housing crisis. Today, there are almost no apartments with a monthly rent below $1,500 in the city. Housing advocates and policymakers have been pushing the city to…
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WBAI’s Housing Notebook: Tenant Control
Housing Notebook — Our CLT Campaign Organizer Elise Goldin joins Claudia Waterton, a Bronx tenant association president, and host Scott Sommer to discuss tenant-controlled housing and the Tenant Opportunity to Purchase Act (TOPA).
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Economic Justice Group Files Federal Lawsuit Against Debt Collection Law Firm Notorious for Predatory Practices
New Economy Project and co-counsel at The Law Office of Ahmad Keshavarz filed a federal lawsuit this month, on behalf of Bronx resident Jose Crespo, against Gutman, Mintz, Baker, and Sonnenfeldt (GMBS), a Long Island-based debt collection law firm that has for years engaged in predatory and unlawful practices that harm low-income New Yorkers.
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City Limits: Legislation Would Give Nonprofits First Crack at Developing NYC-Owned Land
City Limits — New York City community land trusts and nonprofit developers could get the first crack at securing publicly-owned land for affordable housing under a new bill introduced by Brooklyn Councilmember Lincoln Restler Thursday.