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Hochul

All articles tagged with #hochul

politics9 days ago

Gateway tunnel funds flow again, enabling NYC-NJ rail work

The Trump administration released the remaining funds owed to the Gateway rail tunnel project between New York and New Jersey, plus extra reimbursements, following a federal judge’s order to resume funding. The disbursement brings total Gateway payments to about $235 million across three installments, with construction set to resume next week for the roughly $16 billion project. New York Gov. Hochul and Senate Democratic leaders hailed the move as a win for commuters and workers, while former President Trump had previously claimed the project was terminated; an appeal to the 2nd Circuit is expected. The White House and DOT did not immediately comment.

via Politico|
#funding#gateway-rail-tunnel#hochul
politics10 days ago

Mamdani Eyes Property Tax Hike to Bridge NYC Budget Gap, Pressing Hochul on Wealth Taxes

New York City Mayor-elect Zohran Mamdani unveils a $127 billion preliminary budget and floats raising city property taxes to cover a roughly $5.4 billion shortfall, a tactic aimed at pressuring Gov. Hochul to back higher taxes on the ultra-wealthy and corporations. The plan would draw on reserves and requires City Council support, while Hochul has shown limited appetite for property-tax increases; Albany approval would be needed for other wealth-based taxes.

via Politico|
#budget#hochul#mamdani
Hochul, Mamdani unveil $1.5B package to shore up NYC finances
local11 days ago

Hochul, Mamdani unveil $1.5B package to shore up NYC finances

New York State will provide New York City with $1.5 billion over two fiscal years to help address ongoing financial challenges and stabilize city services, with $1 billion in FY2026 and $510 million in FY2027. Of the total, $510 million will be recurring to cover costs previously shifted from the state to the city, including about $300 million for youth programming, $150 million from restored sales tax revenue, and $60 million for public health programs; the remaining $500 million will fund shared priorities to be determined through future state-city discussions. Governor Hochul says the investment strengthens both the state and the city, while Mayor Mamdani frames it as collaborative leadership to protect working New Yorkers. City officials have reduced the projected budget gap to about $7 billion using reserves and savings, with universal childcare commitments noted as part of prior efforts.

via WRGB|
#budget#funding#hochul
New York Democrats Rally Behind Hochul Ahead of State Convention
politics22 days ago

New York Democrats Rally Behind Hochul Ahead of State Convention

On the eve of New York’s Democratic state convention, Gov. Kathy Hochul is poised to win the party’s nomination as the full state congressional delegation—including Rep. Alexandria Ocasio-Cortez and Rep. Tom Suozzi—endorses her, signaling unified support as Hochul’s running-mate Adrienne Adams is a running-mate topic and Hochul appears with Adams.

via The New York Times|
#alexandria-ocasio-cortez#democratic-party#hochul
Brooklyn Democrats withdraw Hochul endorsement after Adams pick
politics22 days ago

Brooklyn Democrats withdraw Hochul endorsement after Adams pick

Brooklyn's largest county Democratic committee rescinded its endorsement of Gov. Kathy Hochul after she selected Adrienne Adams as her running mate, with Brooklyn leader Rodneyse Bichotte Hermelyn criticizing the move as a lack of consultation. The surprise pick could complicate Hochul’s reelection bid amid a primary challenge from Lt. Gov. Antonio Delgado, and some Brooklyn leaders expressed opposition to Adams while others defended the all-women ticket.

via City & State New York|
#adrienne-adams#brooklyn-democratic-party#hochul
politics23 days ago

Mamdani Backs Hochul, Bolstering NY Progressive Lane

New York City Mayor Zohran Mamdani is set to endorse Gov. Kathy Hochul’s reelection bid, a move that would bolster Hochul’s appeal to left-leaning voters ahead of the state Democratic convention while highlighting tensions with Lt. Gov. Antonio Delgado, who is courting the party’s left flank; the endorsement could affect the primary dynamics as both leaders pursue overlapping progressive goals.

via Politico|
#democratic-primary#hochul#mamdani
politics23 days ago

Hochul taps Adrienne Adams to form New York’s first women-led major-party ticket

New York Gov. Kathy Hochul selected former City Council Speaker Adrienne Adams as her running mate, creating the state’s first major-party ticket led by women. Adams would be the first Black woman lieutenant governor and brings geographic balance to Hochul’s ticket while both women are moderate, running on a platform focused on public safety and lowering costs as Hochul seeks to solidify her incumbency after past lieutenant governor headaches.

via Politico|
#adrienne-adams#hochul#lieutenantgovernor
politics1 month ago

Mamdani’s tax-the-rich push tests Hochul as NYC budget fight heats up

New York City Mayor Zohran Mamdani used a budget briefing to push Gov. Kathy Hochul to raise taxes on the wealthiest residents and big corporations to close a projected city budget gap, arriving as Hochul launches her reelection. Hochul dismissed the timing, arguing the state has boosted NYC funding and will bring in about $17 billion in extra revenue this year, while watchdogs say the gap could be smaller (around $8 billion) and the political clash underscores tensions in the state-city fiscal relationship ahead of the 2026 campaign.

via Politico|
#albany#hochul#new-york-city-budget
Hochul’s affordability push: universal child care, nuclear energy and safety bets
politics1 month ago

Hochul’s affordability push: universal child care, nuclear energy and safety bets

Gov. Hochul’s State of the State centers on affordability, proposing a $50 million home-efficiency push and a plan to deliver universal child care that would cover 100,000 more children next year (bringing total to $4.5 billion; full program could cost $12–$15 billion statewide). She also leans into nuclear energy, calls for safety rules around protests near houses of worship, and outlines privacy and AI safeguards for minors, while advancing transit projects like Jamaica Station redesign and a westward Second Avenue Subway extension, with funding details to be set in the upcoming budget.

via The New York Times|
#affordability#hochul#new-york