City Council education chair Rita Joseph will present legislation at an Education Committee hearing to require the city to report actual class sizes and expand reports on the number of students in special programs like students with disabilities and English language learners.

Just four months after departing his post as CEO of Silverstein Properties, Marty Burger has launched Infinity Global Real Estate Partners, a real estate company focused on development, acquisitions, financing and fund management across the United States.

The legislation seeks to halve the amount of plastic packaging New York City consumes over the next 12 years. The bill would require businesses to be charged fees based on the amount of packaging created for their products.

The Citizens Budget Commission and other good government groups are calling for the release of “simple, straightforward financial-plan tables” for the Senate and Assembly’s one-house budgets.

Mayor Eric Adams, again, touted the city’s rosy credit ratings, and he told anyone who questions his fiscal management to look to the experts.

State Comptroller Thomas DiNapoli is cutting the state pension fund’s direct investments in eight more oil and gas companies, including ExxonMobil, as part of his plan to combat climate change through Wall Street.

Hornblower Group, the San Francisco–based company that operates NYC Ferry, filed for bankruptcy yesterday, claiming it could not manage its roughly $1.2 billion of debt.

The mayor has canceled a 5 percent budget cut planned for April. Citing reduced spending on migrants, Adams announced Wednesday that the upcoming savings plan, called a program to eliminate the gap, is off the table. While the news might help ward off further criticism of cuts — which were first announced in the fall and have proven deeply unpopular — they could also hurt his case for more state and federal aid.

“The city’s fiscal condition is precarious and out-year budget gaps are substantial...[We are] glad to see that the city is loosening the hiring freeze, but it needs to be more flexible and strategic to address staffing challenges in specific titles and agencies,” Ana Champeny

Mayor Eric Adams announced Wednesday morning that drastic city budget cuts proposed for the coming fiscal year across all municipal agencies will be canceled and a hiring freeze will be lifted.

“We identified that next year is $3.6 billion short to continue current services,” Ana Champeny.

Mayor Eric Adams on Wednesday canceled a long-expected round of city agency spending cuts he had previously forecast for April. The announcement was the latest in a round of budget reversals that he said have been enabled by strong tax revenues and slimmed-down spending on the migrant crisis.