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DiNapoli Audit: ESD Needs To Increase Transparency of Its Real Estate Holdings and Sales of Properties Below Fair Market Value
… from the transfer. DiNapoli’s audit found that ESD did not meet PAL requirements and only published a detailed … PAL requirements, the seven that were disposed of by USAN did not include detailed information as to the anticipated …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-audit-esd-needs-increase-transparency-its-real-estate-holdings-and-sales-properties-belowOffice Real Estate in New York City: A Review of Market Valuation Shifts
The COVID-19 pandemic and ensuing shift to hybrid office work arrangements have raised questions about the health of office commercial real estate and its potential impact on the economy and the finances of governments reliant on its tax revenue.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-11-2025.pdfOversight of Career and Technical Education Programs in New York State Schools (Follow-Up)
… Objective To determine the extent of implementation of the seven recommendations included in our initial audit report, Oversight of Career and Technical Education Programs in New York State … To determine the extent of implementation of the seven recommendations included in …
https://www.osc.ny.gov/state-agencies/audits/2023/01/18/oversight-career-and-technical-education-programs-new-york-state-schools-followDiNapoli: Homeless Families, Adults Living in Squalid Shelters Due to Oversight Failure
… A state agency’s failure to adequately monitor and inspect homeless shelters allowed violations and squalid living conditions to go unchecked, according to … State Comptroller Thomas P. DiNapoli. The audit found fire and safety hazards, rodent and vermin infestations, and mold …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-homeless-families-adults-living-squalid-shelters-due-oversight-failureNew York City's Office Market - February 2017
New York City Office Market
https://www.osc.ny.gov/files/reports/osdc/pdf/report-10-2017.pdfDiNapoli: State Clean Energy Fund Makes Progress on Developing Solar Capacity, But Energy Efficiency Lags
… CEF spent $3.4 billion through 2023 and has achieved 45% of its total efficiency goals. “The Clean Energy Fund has … Commission (PSC) to promote the use and development of clean energy resources, is administered by the New York … from ratepayers include: Market Development which consists of initiatives focused on generating energy savings and other …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-state-clean-energy-fund-makes-progress-developing-solar-capacity-energy-efficiency-lagsNew York State Comptroller DiNapoli: Pension Fund Puts Anti-Israel Movement on Notice
… global investor, the Fund seeks to invest in a broad range of both developed markets and emerging markets, and Israel offers the best of both worlds: the superior economic management of a developed market, but with emerging market growth …
https://www.osc.ny.gov/press/releases/2016/06/new-york-state-comptroller-dinapoli-pension-fund-puts-anti-israel-movement-noticeNew York’s Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
… Message from the Comptroller A robust labor force is critically important for employers to succeed and grow in … the workforce in the rest of the nation increased by 5.1 percent in this period. New York’s workforce decline is … currently looking for work because they think there are no jobs available, as well as those who are working part-time …
https://www.osc.ny.gov/reports/new-yorks-labor-force-assessing-10-year-trends-and-pandemic-setbacksState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… Partners, a new investment partner for the fund and one of 19 investment firms that manage In-State Private Equity … York State Common Retirement Fund in support of driving value to New York-based businesses,” said Andrew Trigg, … Graycliff Partners visit http://www.graycliffpartners.com/ . About the Common Retirement Fund New York State …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesCurrent Trends in the New York City Economy - September 2004
Employment is increasing, commercial real estate markets are improving, and the residential real estate market is continuing to boom.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-6-2005.pdfReal Estate Portfolio
… the New York Power Authority has accounted for all of its real estate holdings, determined the need to either hold or … not update the information systems used to account for its real estate inventory timely. In addition, NYPA has not been … of real property. NYPA does not regularly review its real estate portfolio to identify properties it no longer …
https://www.osc.ny.gov/state-agencies/audits/2014/06/20/real-estate-portfolioState Contract and Payment Actions in May
… In May, the Office of the State Comptroller approved 791 contracts for state … . The Governor’s Executive Order 202 suspended the Office of the State Comptroller’s review and approval of contracts related to the COVID-19 crisis until July 6, … In May the Office of the State Comptroller approved 791 contracts for state …
https://www.osc.ny.gov/press/releases/2020/06/state-contract-and-payment-actions-mayUpstate/Downstate: New York’s Diverging Housing Market
Upstate/Downstate: New York’s Diverging Housing Market
https://www.osc.ny.gov/files/local-government/publications/pdf/0610snapshot.pdfDiNapoli: City Property Tax Assessments Show Return to Pre-Pandemic Levels Ahead of Schedule
… New York State Comptroller Thomas P. DiNapoli today released the following statement on New York City’s property tax assessments: “The release of New York City’s tentative property assessment roll suggests a … New York State Comptroller Thomas P DiNapoli today released …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-city-property-tax-assessments-show-return-pre-pandemic-levels-ahead-scheduleTown of Westfield - Real Property Acquisition (2019M-119)
… for a Town purpose. Key Findings Although the purchase of property for historical preservation is legally allowed, … property for historical preservation. At the time of purchase, the property had an estimated full market value of $243,000. Key Recommendations Use a thorough process …
https://www.osc.ny.gov/local-government/audits/town/2019/11/22/town-westfield-real-property-acquisition-2019m-119Real Estate Portfolio (Follow-Up)
… the nine recommendations included in our initial report, Real Estate Portfolio ( 2013-S-23 ). Background The New York … of the nine recommendations included in our initial report Real Property Portfolio 2013S23 …
https://www.osc.ny.gov/state-agencies/audits/2018/12/28/real-estate-portfolio-followDiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… first major increase since the COVID-19 pandemic highs. Wall Street’s profits rose 90% in 2024. “The record high bonus pool reflects Wall Street’s very strong performance in 2024,” DiNapoli …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024Central New York Regional Market Authority – Internal Controls Over Selected Financial Operations (2015M-235)
… Authority security. The Treasurer did not review the debit card statements and receipts. Key Recommendations Compare … Update its policy to require the Treasurer to review debit card statements and receipts on a monthly basis and …
https://www.osc.ny.gov/local-government/audits/public-authority/2015/12/31/central-new-york-regional-market-authority-internal-controls-overNYS Common Retirement Fund Announces First Quarter Results
… Fund's (Fund) overall estimated value in the first quarter of the State Fiscal Year 2018-2019 was $209.2 billion, based … uncertain." The Fund's estimated value reflects benefits of $2.8 billion paid out during the first quarter. The Fund's audited value as of the March 31, 2018 end of fiscal year 2017-2018 was $207.4 …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: NYC Area Is Country's Second Largest Market for Venture Capital
… again spiked in late 2024. In the first quarter of 2025, the United States saw $92.9 billion in deal activity, … half of all investment that year. In the first half of 2025, the share jumped to 57.8%, with more than $94 billion … their ability to finance VC. Cuts to Medicaid could impact healthcare startups, and the removal of the electric vehicle …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-nyc-area-countrys-second-largest-market-venture-capital