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News from BALCONY

MTA Capital Plan Article; Sen. Schumer's Tunnel Plan

August 27th, 2015
MTA Capital Plan Article by Steven C.F. Anderson, Michael Locker and Joyce Miller

Statement from the BALCONY Infrastructure Initiative in Support of Sen. Schumer's Tunnel Plan

About the BALCONY Infrastructure Initiative

BALCONY founder Alan Lubin
named NYSUT Executive Vice President Emeritus

For a full report on the above, click HERE.

BALCONY BENEFIT: Jets vs Eagles, Sept. 27, 2015

August 27th, 2015



Sunday, Sept. 27, 2015; 1 PM - 4 PM

MetLife Stadium, East Rutherford, NJ

The location is Section 346.


BALCONY is bridging the gap once again!
Join our Coalition for an Eagles vs. Jets Game!
Balcony's Fall 2015 Football Fundraiser!
September 27, 2015
Business and Labor connecting over public policy AND football!
Come one, come all, come business, come labor!
Support Balcony, Buy your tickets now!
Kick off Fall the right way!
Fall into our Coalition and get connected
Don't miss it!

The Iran Deal: Views by Chuck Schumer & Jerry Nadler

August 27th, 2015
Dear BALCONY Members,

Normally, BALCONY issues blasts to alert our members and followers of news that exclusively affects New York and its citizens. But the recently proposed Iran deal warrants the attention of all Americans. It is not merely a foreign policy issue but one of paramount concern regarding our future national security.

Two key New York leaders, Senator Charles Schumer and Representative Jerrold Nadler, have been active in the debate in Washington D.C. and outspoken in presenting their opposing views on the deal to the public. We thought that our BALCONY community would be interested in considering their arguments.

NYSUT names Alan Lubin Executive Vice President Emeritus

August 26th, 2015

ALBANY, N.Y. Aug. 24, 2015 — Alan B. Lubin, who directed New York State United Teachers’ legislative and political action operations for nearly 17 years and spearheaded innumerable legislative successes, has been named NYSUT executive vice president emeritus.

NYSUT’s Board of Directors recently honored Lubin, a resident of Clifton Park, in recognition of his more than 45 years in leadership roles in the 600,000-member union.

Cooperation is Necessary to Address New York's Infrastructure Crisis

August 26th, 2015
The BALCONY Infrastructure Initiative committee says consider Support of Senator Charles Schumer's Plan for a "Gateway Transportation Authority" to fund Hudson River Rail Tunnels.

Senator Charles Schumer

The Hudson River Rail Tunnels provide a vital lifeline for New Yorkers, commuters, and the State and region's economy. Yet when it comes to their upkeep and operation, even as they are crumbling before our very eyes, everyone is passing the buck. This is the message that Senator Charles Schumer delivered when he called on NJ and NY State to cooperate with the federal government, the Port Authority, MTA, and Amtrak under the umbrella of a single development corporation to fund the construction of two new tunnels under the Hudson before the existing tubes fail. The so-called "Gateway Transportation Authority" would additionally have control of operations and maintenance of the tunnels moving forward.

From Governor Cuomo: Build a New Rail Tunnel

August 26th, 2015

“Mr. Cuomo Should Get on Board” (editorial, Aug. 20) suggests that I am not “on board” with a new Amtrak rail tunnel under the Hudson River. Nothing could be further from the truth.

I have said repeatedly that I vigorously support the idea of a new tunnel and have expressed the desperate need for expediting its construction. I have even offered to help fund the tunnel and accelerate its review process. I believe that a governor’s legacy is based on public infrastructure projects constructed during his or her term, and have demonstrated that by building more public works than any governor in decades.

Read the complete letter to the editor of the New York Times: HERE

AFGE President J. David Cox Re-elected

August 25th, 2015

August 24, 2015
By John Quinn, DC Bureau

J. David Cox Sr.

Washington DC - AFGE Delegates attending the American Federation of Government Employees' 40th National Convention have re-elected the union's top three national officers. AFGE National President J. David Cox Sr., National Secretary-Treasurer Eugene Hudson Jr., and National Vice President for Women and Fair Practices Augusta Y. Thomas all were returned to office for another three-year term. Cox and Hudson were first elected in 2012, while Thomas was first elected in 2009.

Enough already: Fund the MTA capital plan

August 21st, 2015
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New York's lack of commitment to the transit system is a reflection of our state's priorities and an indicator of our future.

By Steven C.F. Anderson, Joyce Miller and Michael Locker

Recently the New York state legislative session ended without the funding of the Metropolitan Transportation Authority's desperately needed capital plan. What a shame.

The MTA is a lifeline for the 8.6 million New Yorkers who rely on it every day to go to work, get to school, or obtain health care, food and shelter; in short, to live.

The upkeep, integrity, safety and functionality of the MTA affect all New Yorkers. Without the MTA, our economy, upstate and downstate, would simply not be solvent. A large percentage of state revenue can be attributed to the profits, jobs and taxes generated by the transit system. That revenue translates into critical funding and services that benefit every New Yorker.

Currently that system, so essential to our economy and our citizens, is failing and in crisis. The MTA's enormous debt—more than $20 billion—is larger than that of many nations.

At the same time, its infrastructure is crumbling. To overcome this crisis the legislature, Mayor Bill de Blasio and Gov. Andrew Cuomo must address both the need to pay down the debt while simultaneously investing in the MTA's present and future. This is impossible without a properly funded, well-conceived and fully-supported capital plan.
News from BALCONY Archives
News From and About Our Members

PEF agrees with NYSCOPBA: Don’t “rush to judgment” on guards

August 15th, 2015

by Jeff Waggoner

On Tuesday, The New York Times reports that inmates claim prison guards beat them at the Clinton Correctional Facility in Dannamora, as part of what The Times said “seemed like a campaign of retribution against dozens of Clinton inmates” after the escape of two prisoners.

Tigress Financial Partners -CNBC appearance this morning discussing Google

August 11th, 2015

Watch the video HERE

Tigress Financial Partners sweeps the first place position

July 29th, 2015

We are pleased to announced that the ZACKS Broker Model Half Time Report for 2015 is in!

Tigress Financial Partners sweeps the first place position with returns of 8.85% for the period 1-1-15 through 6-30-2015, outperforming the pack by a wide margin.

Rob DiFrancesco: New Director of New York AREA.

July 24th, 2015

Those of you who've had the pleasure of working with Rich Thomas these past three years at New York AREA know what a fine service he performed in leading this organization. Rich took to heart our mission: to ensure that New York has an ample and reliable electricity supply and economic prosperity for years to come.

Excessive Taxes are Stagnating Long Island's Economic Growth

July 24th, 2015

Everyone knows that there is a vast economic gap between upstate and downstate New York. Upstate communities are losing their young people and there are very few new major commercial and residential projects on the horizon. New York City is another story. Its five boroughs are booming and new construction is cropping up all over.
News from our Members Archives
BALCONY Issues in the News (Related Articles)

New York City Office Construction Heats Up

August 28th, 2015

Rising pace reflects improving economy and low interest rates, industry group says

By Keiko Morris
Aug. 26, 2015 12:01 a.m. ET

Construction of new office space in New York City is on track to hit a 25-year high this year and almost double that built in 2014, reflecting increasing employment and low interest rates, according to a new report by the New York Building Congress.

Big development sites at Hudson Yards on the West Side and the World Trade Center in lower Manhattan are helping to boost the pace of office construction, which is expected to reach 4.3 million square feet in 2015, the report said. That is a 79% increase from the 2.4 million square feet built in 2014 and the highest level since 1990.

Powerful trade groups to begin wage talks for workers at residential projects receiving a lucrative tax break

August 28th, 2015

The Real Estate Board of New York and the Building and Construction Trades Council of Greater New York, groups tasked with determining pay requirements for construction workers at 421-a projects, aim to begin talks as early as September.

Read the complete article: 421A

Affordable Housing Essential for NYC

August 25th, 2015

August 21, 2015

By NYC Mayor Bill de Blasio


New York NY - More New Yorkers than ever are struggling to keep up with rising rents, leaving less and less of their paychecks for things like food, healthcare, and other essentials. This is not a niche issue; it affects everyone from those struggling at the bottom of the economic ladder to middle-class working families.

'Can Our Transit System Get Any Worse?' - New York Times Op-Ed by RPA President Thomas K. Wright

August 25th, 2015


PRINCETON, N.J. — THIS has been a tough season for commuters in the New York region: the Amtrak crash in May, trains stuck in Hudson River tunnels in June, subway service disrupted by never-ending summer construction. Still, more than 5.6 million people take the subway each weekday, the most since 1949; New Jersey Transit’s ridership into the city has risen 75 percent in the past 15 years, and Amtrak’s Northeast Corridor carried a record of nearly 12 million riders last year.

Will New York’s public sector jobs continue to disappear?

August 15th, 2015

by Jeff Waggoner

While jobs grew in New York state, the one sector that declined over the past five years is the public sector, according to a report released Monday by state Comptroller Tom DiNapoli’s office.
BALCONY Issues in the News Archives