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The Cost of Living in New York City: Housing

New York City housing costs have grown more than 68% over the last decade, the largest increase of selected major metropolitan areas in the U.S. Housing affordability, which considers the incomes of households, has also worsened in New York City over the last decade, as median rent prices, in particular, grew faster than median incomes. Many New Yorkers may continue to be priced out of their preferred neighborhoods without a substantial increase in the supply of affordable housing units for low- and moderate-income households.

DiNapoli & James: Former Throop Supervisor Pleads Guilty to Stealing $11,000 From Town

A former Town of Throop Supervisor was arrested and pleaded guilty today to stealing nearly $11,000 from the town over a two-year period, State Comptroller Thomas P. DiNapoli, Attorney General Letitia James and the New York State Police announced. William Tarby pleaded guilty to Grand Larceny in the Fourth Degree and Official Misconduct. As part of his plea agreement, he will pay full restitution and cannot seek public office again.

State Comptroller Thomas P. DiNapoli Statement on 2024 State of the State Address

“With a new year and legislative session upon us, today’s State of the State Address by Gov. Hochul outlined her priorities for 2024, addressing issues important to New Yorkers across the state.

“The Midyear Financial Plan released in October indicated the state is facing outyear budget gaps totaling over $21 billion through State Fiscal Year 2026-27.

DiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds

New York State Comptroller Thomas P. DiNapoli today announced that the former treasurer of the Morley Volunteer Fire Co., Cindi Perkins, was yesterday ordered to pay $50,000 in restitution and sentenced to serve five years of probation for stealing from the fire company. Perkins, 58, previously pleaded guilty to grand larceny in the fourth degree in November 2023.

DiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan

With federal legislation ending continuous Medicaid coverage in March 2023, New York state began the process of redetermining eligibility for every enrolled individual. An analysis by State Comptroller Thomas P. DiNapoli found this “unwinding” may not meet projections in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan, adding costs to the state budget.