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DiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
State Comptroller Thomas P. DiNapoli released an economic snapshot today of Brooklyn’s Coney Island and Brighton Beach, where the amusement parks, boardwalk and “Little Odessa” have earned global reputations, but the dramatic rise in jobs over the past decade may be less well known.
An Economic Snapshot of Coney Island and Brighton Beach
Brooklyn’s Coney Island and Brighton Beach have earned global reputations as destinations, but the dramatic rise in jobs over the past decade is less well known. Despite the pandemic, there were 35,203 jobs in Coney Island and Brighton Beach in 2023, a 101% increase from a decade earlier. The area is home to one of the largest populations of individuals 65 and over among neighborhoods citywide, and recent economic growth has been tied to serving this population.
State Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
The Cost of Living in New York City: Transportation
Transportation costs for households in the New York City metropolitan area grew by about 56% between 2012-13 and 2022-23, less than in the Los Angeles, Miami and San Francisco metropolitan areas. Transportation made up the second largest cost for New Yorkers, behind housing. It remains critical to maintain MTA service at affordable levels, so that transportation costs remain relatively affordable and offset housing costs, especially for lower- and middle-income households.
DiNapoli: NYC Metro Transportation Costs Rose 56% Over Past Decade, Slower Than Other Major Areas
Transportation costs for households in the New York City metropolitan area grew by about 56% between 2012-13 and 2022-23, less than in the Los Angeles, Miami and San Francisco metropolitan areas according to a report released today by State Comptroller Thomas P. DiNapoli. Transportation made up the second largest cost for New Yorkers, behind housing, at 14% of household spending.
State Comptroller Thomas P. DiNapoli Statement on MTA's Release of Its 2025-2029 Capital Program
New York State Comptroller Thomas P. DiNapoli released the following statement today regarding the Metropolitan Transportation Authority’s (MTA’s) release of its 2025-2029 Capital Program.
DiNapoli: SED Needs To Improve Oversight of School Districts' English Language Learners Programs
The State Education Department (SED) needs to improve its oversight and work to remove barriers to ensure school districts are providing the required services for students learning English, according to an audit released today by State Comptroller Thomas P. DiNapoli. The audit examined whether SED was adequately overseeing if school districts outside New York City were providing the required services to English Language Learners (ELLs).
State Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
New York State Comptroller Thomas P. DiNapoli and Department of Financial Services Superintendent Adrienne A. Harris today announced the approval of Community District 9 as a Banking Development District (BDD) and presented $35 million in New York state deposits to Ponce Bank’s Westchester Avenue Branch.
Local Sales Tax Collections Up 3.8% in August, September 2024
Local sales tax collections in New York State increased by 3.8% in August compared to the same month in 2023. Overall, local collections totaled $1.85 billion for the month, up $68 million year over year.