A decade after local residents founded the Central Brooklyn Federal Credit Union, the bank for the poor last week was declared bankrupt and taken over by a Long Island-based financial institution.
While some of the city’s major unions already supporting Governor Pataki for re-election, other leading members of the Working Families Party are split between the two Democratic hopefuls for the state’s top seat, leaving the labor-based political party with what could be the toughest endorsement decision of its young career.
A roundup of likely budget casualties if NYC fails to garner additional funds from Albany and Washington.
After years of delays, a bill requiring that companies that do business with the city pay their employees a living wage may finally be introduced in the City Council this week, but its supporters are wondering if this is the best or worst time to raise the issue.
The city’s teachers union overlooked some differences of opinion on education policy last week to endorse Republican John Ravitz in his race for Roy Goodman’s state senate seat, leaving some labor leaders wondering if the United Federation of Teachers and other major municipal employee unions are bending under pressure from Senate Majority Leader Joseph Bruno.
A city advocacy group is launching a campaign that, come tax time, could add hundreds of millions to the pockets of low-income New Yorkers–without costing the city a penny.
The Working Families Party was determined to make its mark in this year’s primary election. But on an election day delayed two weeks by the World Trade Center disaster, it ended up with both well-earned victories and some stinging losses, with contenders relying heavily on labor support having the hardest time.
Hubby Victor once headed the city’s largest municipal union, but Betsy Gotbaum has been frozen out of labor endorsements in the race for public advocate.
Last minute developments, dis-endorsements and strange bedfellows in lesser-known local races.
New York’s public housing tenants and advocates charge that a decades old federal law to provide paying jobs for tenants has been all but ignored.
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