NYC Comptroller's Office
Coverage of NYC Comptroller's Office in the Nexus archive.
- 3 ways Mamdani plans to make the bus faster — and why it's harder to make rides free
Mayor Zohran Mamdani is prioritizing faster bus service through infrastructure improvements, maintenance upgrades, and expanded bus lanes, using $900 million over five years. The plan focuses on 50 bus corridors, including five key routes in Brooklyn, Queens, and the Bronx, but critics warn it may worsen congestion. The administration argues making buses faster is more budget-friendly than making them free.
- Artificial intelligence could eliminate thousands of jobs in New York City: Report
A report indicates that artificial intelligence could eliminate thousands of jobs in New York City, representing a radical transformation of the financial sector. NYC Comptroller Mark Levin commented on AI's potential impact on the world's financial capital.
- Mamdani needs $6.5B more in savings with 50-50 shot AI soon tanks NYC economy: comptroller
NYC Comptroller Mark Levine warned that artificial intelligence poses a significant economic risk to New York City, with a 50-50 probability of triggering a recession in the five boroughs. The city needs an additional $6.5 billion in savings to prepare for potential AI-related economic disruption that could impact tax revenue.