Office of the New York City Comptroller

Scenes from the 2025 West Indian Day Parade #westindiandayparade

Héctor y Susana trabajaron en las trincheras durante la pandemia—limpiando los vagones de nuestro subway—aun cuando se les pagaba por debajo de los salarios y beneficios que legalmente les correspondían. Ahora, gracias a un acuerdo de 3 millones de dólares logrado por la Oficina de Asuntos Laborales, ellos y sus compañeros recibirán los salarios atrasados con sus respectivos intereses. _______________________________________________________________________________________ Hector and Susana were on the front lines cleaning our subways during Covid—all while being paid below the wages & benefits they were legally due. Now, they and their co-workers will receive back wages with interest thanks to a $3M settlement secured by our Office’s Bureau of Labor Law.

Costco’s refusal to dispense mifepristone is disappointing and short-sighted. Failure to provide access to safe, FDA-approved medication under the guise of "weak demand" risks isolating customers and undermines the company’s credibility.

This post was NOT generated by Artificial Intelligence. But it's clear that AI is on the rise. Our August Economic Spotlight analyzes AI's impact on New York City’s economy and workforce. MORE: https://lnkd.in/e5nYnAA9

Talked to Squawk on the Street on CNBC about NYC pension funds' strong 10.3% returns for FY 24-25. Here's how we achieved them. 👇

10.3% pension returns are a win for NYC's teachers, firefighters, school crossing guards—and the hundreds of thousands of hardworking public servants who make our City work. Proud to be safeguarding their retirement security for the years to come.🫡

Strong returns from our pension funds saved NYC nearly $2.2 billion. Our long-term, responsible investing approach is no secret.   But the hidden staircase in my office might be...

Today, with the trustees of the City’s five retirement systems, I am proud to announce strong 10.3% pension returns for Fiscal Year 2024-2025. This is a win for retirees – and all of New York City! These returns exceeded our targets for the third consecutive fiscal year, delivering $2.18 billion in savings for the City that we’ll be able to invest in schools, housing, and other critical social services that benefit New Yorkers. More: https://lnkd.in/e5jdVhB9

Mayor Adams wants to sign a 5-year contract extension for NYC Schools's 45-year-old year old school bus contract. Public Advocate Jumaane Williams and I ran the numbers. Here's why the contract is harmful to NYC students—and why extending it for another 5 years is a mistake 👇

Two months from today, our CIO Steven Meier, CFA, FRM will be speaking at the PDI New York Forum 2025 on September 16-17. Join the discussion to discover the key drivers fueling private debt’s growth stories with North America's leading investors. Get 10% off your delegate pass with Steven's speaker code pdiny25_spkr. #PDINewYork #PrivateDebtInvestor https://lnkd.in/edCgxMA8