The New York City metropolitan area is the second largest market for venture capital (VC) funding in the United States, with $28.5 billion in investments, or 13.3% of the national total in 2024. The amount invested in the region has more than doubled since 2015, according to a report released today by State Comptroller Thomas P. DiNapoli. Individual deals valued at more than $50 million drove growth nationally.
New York State has a significant investment in capital assets, which the Office of General Services (OGS) considers to be any property with a significant value that is used over a long period of time.
New York State Comptroller Thomas P. DiNapoli released the following statement today on the shutdown of the federal government:
New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the following statement today announcing that the Fund will vote against Elon Musk’s proposed 2025 pay package and all directors standing for reelection at Tesla Inc.’s Nov. 6, 2025, Annual Meeting.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
The neighborhoods of Long Island City (L.I.C.), Sunnyside and Woodside in northwest Queens have their own distinct personalities, but together they are contributing to the borough’s business growth, share of the population employed, median household income and new housing, according to a report from State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli, Oneida County District Attorney Todd Carville, and New York State Police Superintendent Steven G. James announced today that the former treasurer of the Durhamville Fire Department, Kimberly Simchik, pleaded guilty to stealing over $92,000 from the fire department over a seven-year period. As part of the plea, she will pay restitution of just over $92,000 and faces 1 to 3 years in jail at sentencing.
A total of 23 local governments in New York state were designated in fiscal stress for local fiscal years ending (FYE) in 2024, up from 14 a year ago, with increases in each category of stress, according to a report released today by State Comptroller Thomas P. DiNapoli. These designations were based on the State Comptroller’s Fiscal Stress Monitoring System (FSMS) scores.
New York State Comptroller Thomas P. DiNapoli and Nassau County District Attorney Anne T. Donnelly announced the son of a state pensioner from Long Island was sentenced to five years’ probation and ordered to pay full restitution after being convicted of identity theft in connection with his theft of $79,943 in pension payments sent to his deceased father. The defendant, Richard Gaines Jr., 55, of Daytona Beach, Florida pleaded guilty to identity theft in the first degree in May.
New York City’s revenues from water and sewer charges, fines and forfeitures, licenses and permits, interest income, rental income and other “miscellaneous revenues” reached an estimated $6.7 billion in fiscal year (FY) 2025, 11% higher than in FY 2019, and weaker than the 29% growth over the prior six fiscal years, according to a report released today by State Comptroller Thomas P. DiNapoli.
