Resources
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Sign-on Letter to NYS Comptroller Dinapoli on NYS Investments in Private Equity Firms Profiting from the Crisis in Puerto Rico
Groups demand that the New York State Common Retirement Fund divest from both The Blackstone Group and TPG Capital, two large private equity managers exploiting the crisis in Puerto Rico and profiting from human suffering.
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Open Letter to the New York Federal Reserve Presidential Search Committee
A diverse group of organizations calls on the New York Federal Reserve Presidential Search Committee to conduct an open and transparent search process, and focus on identifying an individual with a proven track record of leadership, effectiveness in engaging with ordinary Americans, a strong understanding of the broader economy, and a firm commitment to the…
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How Neighborhoods Help New Yorkers Get Ahead: Findings From the Collaborative for Neighborhood Financial Health
A summary of findings from the Collaborative for Neighborhood Financial Health, a year-long, participatory project designed to better understand and address how neighborhoods influence the financial health of their residents.
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Arias v. Gutman, Mintz, Baker & Sonnenfeldt LLP
In November 2015, New Economy Project filed a federal lawsuit, with co-counsel, against the debt collection law firm Gutman, Mintz, Baker, and Sonnenfeldt (GMBS), on behalf of Franklin Arias, a New Yorker in his 70s whose only income is Social Security benefits. The lawsuit alleged that GMBS violated federal debt collection and state consumer protection…
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Bostic v. Houslanger & Assocs.
In December 2017, New Economy Project and co-counsel filed a state class action lawsuit against the debt collection law firm Houslanger & Associates and its debt buyer clients Virgo Capital and Aquarius Capital, as well as debt buyers Gotham Collection Services and HK Recovery Group, on behalf of Gladys Bostic, Cimeron DuBose, Gerald Dycha, and…
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Sanders v. Houslanger & Assocs.
In November 2017, with co-counsel, New Economy Project filed a federal class action lawsuit against the debt collection law firm Houslanger & Associates, as well as its debt buyer clients Virgo Capital and Aquarius Capital, on behalf of Ramel Sanders and Antero Sarreal, both low-income New Yorkers. The lawsuit alleges that Houslanger and its debt…
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Letter to NYC Comptroller Stringer Calling for Divestment from Illegal Payday Lenders
Groups from across New York City urged Comptroller Stringer to immediately and permanently divest New York City’s pension funds from payday lending companies – whose loans are categorically illegal in New York. City pension funds invested more than $20 million in payday lending and high-cost installment lending companies in 2016. Additionally, City pension funds invested…
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NYCCLI Testimony before NYC Council Committee on Housing and Buildings, regarding CLT regulatory agreements
In our testimony, we outline important changes to Intro. 1269 that are needed before it moves forward. We also are pleased to highlight the rapidly-expanding landscape of community land trusts in our city and additional policy recommendations by our alliance. We understand that Intro 1269 is a first step toward strong local policymaking to advance…
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Disparities in Economic Security for New Yorkers of Color 50 and Older
New Economy Project undertook this report, at the request of AARP, to examine barriers to economic security faced by 50+ New Yorkers of color, including immigrants. The analysis focuses on economic justice disparities statewide and in New York City, with attention also given to Long Island and Buffalo.
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“PaydayFreeLandia” Coalition Statement on CFPB’s Payday Lending Rule
Today the Consumer Financial Protection Bureau (CFPB) issued federal regulations to protect people from the abusive payday lending industry. New Economy Project is a member of the “PaydayFreeLandia” Coalition – a group of civil rights, labor, faith-based and community organizations from the 15 states where predatory payday lending is illegal. The coalition issued a statement…