Office of the New York City Comptroller

News Updates

Statement from NYC Comptroller Lander Celebrating Court of Appeals’ Ruling on Lawsuit Challenging Fossil Fuel Divestment by New York City Pension Funds

New York, NY – New York City Comptroller Brad Lander released the following statement celebrating the New York Court of Appeals’ denial of a motion for leave to appeal in  Wong et al v. NYCERS, a lawsuit that challenged the decision by three of New York City’s public pension funds (the Teachers’ Retirement System of the City of New York, New York City Employees’ Retirement System, and New York City Board of Education Retirement System) to divest from publicly traded fossil...

Comptroller Lander Announces Departure of Chief Investment Officer and Deputy Comptroller for Asset Management Steven Meier

New York, NY — Today, New York City Comptroller Brad Lander announced that Steven Meier, CFA, FRM, Chief Investment Officer for the Bureau of Asset Management and Deputy Comptroller, will depart from his role effective November 7 for a new investment management opportunity. As Chief Investment Officer, Meier has been instrumental in safeguarding and growing the long-term financial security of the five New York City public pension funds which provide retirement security for nearly 800,000 current and retired public sector workers....

New York by the Numbers Monthly Economic and Fiscal Outlook No. 106 – October 2025

 A Message from the Comptroller Dear New Yorkers, As far as the numbers that many New Yorkers care about most in the fall: the Mets, Yankees, and Liberty all fell short this post-season. Wait till next year! (as old-timers still say in Brooklyn). The economic numbers are more mixed. Nationally, job growth remains sluggish, consumer sentiment is down, and there’s a great deal of volatility in the economy, due to shifting tariffs and the federal government shutdown. We document some...

Investors Call on Starbucks to Restart Negotiations with Unionized Workers

New York, NY – New York City Comptroller Brad Lander, PIRC, SHARE and Trillium Asset Management have sent a letter to the Starbucks Board of Directors expressing concern over stalled negotiations between the company and unionized employees represented by Starbucks Workers United (SBWU), urging Starbucks to restart negotiations with SBWU and promptly reach a first contract. The letter to Starbucks explains that a failure to reach a contract jeopardizes the company’s reputation and long-term shareholder value. The company has itself...

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2025