Office of the New York City Comptroller

News Updates

Merit-based Reductions to Prison Sentences are an Economic and Social Boon to New York State, Comptroller Lander Finds

New York, NY — In a new report, New York City Comptroller Brad Lander found that proposed Earned Time Act (S.342/A.1085) — which would expand the rights of incarcerated people to reduce their time served for successfully completing educational, vocational, and other programs — is an effective and safe way to enable individuals to return sooner to their homes and communities, reduce the overall prison population, and increase individuals’ ability to find gainful employment after prison — yielding significant economic benefits and...

Testimony of Nicholas Astor, Constituency Liaison for People with Disabilities, Before the Port Authority of New York and New Jersey: Accessibility in PATH Stations

Thank you Port Authority Board of Commissioners for holding this meeting. My name is Nicholas Astor, Constituency Liaison for People with Disabilities at the New York City Comptroller's Office, and I will be testifying on behalf of Comptroller Brad Lander. Comptroller Lander believes that the Port Authority should dedicate funding in the 2026-2035 Capital Plan for accessibility improvements at the 9th Street, 23rd Street, Christopher Street, and 14th Street Port Authority Trans-Hudson (PATH) stations.  The PATH’s eight New Jersey stations...

NYC Comptroller Brad Lander Issues Annual Report on Capital Debt & Obligations for Fiscal Year 2026

New York, NY — Today, New York City Comptroller Brad Lander released the Annual Report on Capital Debt and Obligations for Fiscal Year (FY) 2026. The report analyzes the City of New York’s outstanding debt, remaining borrowing capacity, debt affordability, and credit profile. The report highlights the City’s advantage of being a leader of the global economy but also identifies long-term challenges of funding necessary infrastructure projects through the utilization of long-term debt. The City primarily issues debt to fund its capital program through...

Comptroller Lander Recommends Pension Boards Drop BlackRock, Fidelity, and PanAgora Due to Inadequate Decarbonization Plans

New York, NY — Today, New York City Comptroller Brad Lander released a Net Zero Implementation Plan update to trustees of the New York City Employees’ Retirement System (NYCERS), Teachers’ Retirement System (TRS), and Board of Education Retirement System (BERS). The update recommends that the three Systems rebid BlackRock’s U.S. public equities index mandates and terminate those of active managers Fidelity and PanAgora. The recommendation follows a robust evaluation of the pension systems’ 49 public market managers. While 46 of...

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2025