Insights Blog

While tax increment financing (TIF) is a common tool for municipalities to fund economic development (read how it works here), it is responsive to the legal, political, and economic environments of the locality in which it is implemented. 

Urban Matters, a publication of The New School's Center for New York City Affairs, featured an update on post-pandemic Hudson Yards by SCEPA researchers.

Tax increment financing (TIF) is a popular but controversial financial tool used by local governments to fund economic development.

With Washington in partisan deadlock and revenue shortfalls in city and state budgets across the country, where can local governments turn to avoid economic collapse? Some are hoping the Federal Reserve could be the answer, writes SCEPA Fellow Rick McGahey in a new Forbes blog.

SCEPA's working paper on the costs of the city's Hudson Yards project was featured in the New York Times, New York 1Gothamist, New York Magazine's Intelligencer, CityLab, the Guardian, and a New York Post editorial, among others. The article below was featured in Urban Matters, a publication of the Center for New York City Affairs

New York City's Hudson Yards project includes heavily discounted property taxes for Hudson Yards developers.


SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.