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Council leaders voiced worries about the current mayor’s plan to take money out of the city’s rainy day fund — something that’s never been done — and the retiree health benefit trust fund.
Meanwhile, there’s good news and bad news about Wall Street, according to the state comptroller. On the one hand, bonuses hit a record last year, boosting tax revenue big time.
But the economic fallout from the war with Iran is already having an impact, threatening the big bet the Mamdani administration is making that the financial sector will continue to swell the city’s coffers.
Weather 🌤️
Cloudy, then becoming mostly sunny, with a high near 67.
MTA 🚇
In The Bronx, Manhattan-bound 2 and 5 trains run express from East 180 St. to 3 Ave–149 St. from 10:45 a.m. to 3:30 p.m. Find all the MTA’s planned changes and the latest delays here.
Alternate side parking 🚙
It’s in effect today, Thursday, March 26.
By the way…
The Department of Education unveiled its preliminary guidelines for the use of artificial intelligence in city schools, our friends at Chalkbeat reported.
After 15 years, volunteers at the Bushwick City Farm found themselves locked out of the green space that has fed thousands over the years, and lately became a temporary home for asylum seekers. The property owner told them he doesn’t want “any headaches.”
Our mistake: This story about the mayor appealing a court ruling that requires the city to expand the hugely popular — but massively expensive — city-funded housing voucher program didn’t make it into yesterday’s Scoop, so we’re sharing it now.
Reporter’s Notebook
Parks Permits Limited
The city’s Parks Department may deny more event permits this summer as the World Cup and the nation’s 250th birthday celebration threaten to overwhelm resources and wrack up overtime costs, it announced Wednesday.
An emergency rule will allow the department to deny permits for large-scale events from June 11 through July 19, when the city will host multiple events associated with the FIFA World Cup and U.S. anniversary.
It will allow Parks to more easily deny permits for any large event that wasn’t held last year and isn’t a demonstration. The rule could extend to any concerts or festival, particularly any that require amplified sound and a stage.
— Katie Honan
Things To Do
Here’s what’s going on around the city this week.
Thursday, March 26: In celebration of Women’s History Month, the Graffiti Hall of Fame presents an all-women street-art show on the Lower East Side. At Studio6 gallery. Free, at 6 p.m.
Thursday, March 26: The Manhattan School of Music chamber choir and Camerata Nova perform J.S. Bach’s Cantata BWV 106 (actus tragicus) and the American premiere of Raphael Fusco’s An American Requiem. At Kaufman Music Center’s Merkin Hall. Free, at 7:30 p.m.
Friday, March 27: Bring your own squad or roll up solo for a Hip-Hop Trivia Battle hosted by Lincoln Center’s Hip-Hop guest curator and the voice of Spotify's AI DJ, Xavier “X” Jernigan. At Lincoln Center. Free, at 7:30 p.m.
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