Overview

• New York's $237 billion state budget aims to boost housing construction with tax incentives for developers and protections for tenants.
• $2.4 billion allocated to address the migrant crisis in NYC, enhancing housing, legal, and healthcare services.
• The budget extends mayoral control of NYC schools for two years, emphasizing accountability and class size reduction.
• Measures to combat unlicensed marijuana stores and improve public safety are included in the comprehensive budget.
• The budget was finalized nearly three weeks past the original deadline due to extensive negotiations on various issues.