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Statement on Amazon’s HQ2 Withdrawal
Amazon’s decision to withdraw its proposed headquarters from Queens is a huge win for New Yorkers and New York communities, and should mark a dramatic turning point in New York’s approach to economic development.
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Daily News: Immigration Groups Say They Won’t Recommend IDNYC to Clients if Financial Smart Chip Plan Moves Forward
Daily News — Advocacy groups will no longer recommend that undocumented immigrants get a municipal I.D. card if the city goes forward with plans to add a financial services smart-chip to them, several said Monday.
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Statement from New York Groups on Nomination of Linda Lacewell to Lead NYS Department of Financial Services
The next DFS Superintendent must commit to taking bold action against financial companies that systematically exploit New Yorkers and extract wealth from New York communities. As the state’s chief regulator of the banking, insurance, check cashing, bail bond, and other financial industries, DFS has an obligation to advance racial, gender and economic justice. Given the…
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Statement by New York Groups re: Postal Banking
Our organizations support the concept of “postal banking,” as a potentially transformative form of public banking. As banks continue to redline New York neighborhoods — perpetuating poverty, inequality, and segregation — bold solutions like postal banking are clearly needed. Some recently-introduced proposals, however, would exacerbate our two-tiered financial system and promote debt as a solution…
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Daily News: IDNYC Payment Cards Coming Soon, Brought to You by New York’s Mastercard-Connected Deputy Mayor
Daily News — A new plan for putting banking smart chips in New York City IDs has advocates terrified that City Hall is inadvertently creating a backdoor for the feds to go after undocumented immigrants.
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2018 Campaign Highlights
Get up-to-date on our work and some of our biggest media features in this end-of-year roundup.
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El Diario: Adultos Mayores Hispanos Enfrentan una Vejez de Pobreza Sin Plan de Jubilación
El Diario — Un informe de AARP Nueva York, revela que casi tres de cada cinco latinos mayores de 50 años van camino a padecimientos económicos en su vejez y abuelos de la Gran Manzana narran su calvario.
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Gotham Gazette: A ‘Green New Deal’ for New York and More: Where the Climate Change Conversation is Headed in 2019
Gotham Gazette — After an election where the issue saw little mainstream political attention, climate change and what to do about it has come roaring back to the forefront of the New York political scene.
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Retirement Un-Readiness: New Report Warns of ‘Downward Mobility’ for NY Near-Retirees
More than two of every five middle class New Yorkers in their 50s are headed for poverty or near-poverty in retirement. Typical workers in the bottom 90 percent of earnings will need almost a third more income in retirement to maintain their standard of living. And fewer workers of color have access to workplace retirement…
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Nonprofit Quarterly: The Pressure on NY’s Designated Banks: Get Our Money Out of Climate-Hostile Businesses!
Nonprofit Quarterly — It’s time to walk the talk on climate change. That’s the message activists communicated this week when they rallied outside New York City Hall on the fourth UN-backed Annual Climate Finance Day to demand that New York divest from its designated banks, which invest heavily in the fossil fuel industry, and create…
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Gothamist: As De Blasio Touts Climate Change Divestment, NYC’s ‘Designated Banks’ Continue To Invest In Fossil Fuels
Gothamist — In September, months after declaring the city’s intention to divest its pension fund from fossil fuels and “sue Big Oil,” Mayor Bill de Blasio published an op-ed in the Guardian touting New York City’s effort to tackle climate change through sustainable financial policies. Alongside London Mayor Sadiq Khan, he announced the launch of a new global initiative,…
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City Limits: NYC Needs Equitable Economic Development, Not The Amazon Deal
City Limits, Op-ed by Deyanira Del Rio and Andy Morrison — Unless you’ve been stuck under a rock – or perhaps on the 7 train – you’ve heard the news: the winner of the Amazon HQ2 sweepstakes is…Amazon. Two hundred and thirty-eight cities competed. Twenty finalists raced to the finish line. Two – New York…