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The "ANCHOR" initiative will distribute $900 million in property tax relief to approximately 1.8 million homeowners and renters in 2023.
"There are huge parts of the system which have been broken for a long time and need to change," Banks said.
Today will be sunny, blustery and colder. Expect highs in the 40s, but with the wind it will only feel like the 30s.
Residents say they were asleep when they heard a loud bang around 3:30 a.m. in Stapleton Heights.
Officers found a woman's torso stuffed into a bag that had been placed inside a shopping cart.
Resident tells CBS2 the blaze started in her apartment after space heater caught fire.
Williams tweeted, "No matter how far we come, we get reminded that it's not enough."
Ride-sharing apps have been cutting away from business for years.
Mayor Paul Kanitra said he was inspired by the many summer workers who take jobs at the Jersey Shore.
The nonprofit Commonpoint Queens says the pandemic exacerbated the need for youth mental health services.
It happened on Cortelyou Road in the Kensington section around 2:45 p.m. Wednesday.
A new bill would provide health benefits to 3.5 million veterans who were exposed to the pits.
Kimberly Cooper Shultis, her husband and his father all face charges for interfering with custody.
A 22-year-old woman and her 1-year-old daughter could not escape the flames inside their home on Agate Court.
The soldiers don't want to leave the dogs behind, so they're working to transport them to their families at home.
Mamdani is going to take office at City Hall with a lot of promises to keep. Here's how New Yorkers feel about the changing of the guard.
Mayor-elect Mamdani is taking office after a tumultuous campaign season with more twists and turns than a neurotic pretzel. Political consultant O'Brien Murray and analyst J.C. Polanco sort it out on "The Point with Marcia Kramer."
New Jersey Gov.-elect Mikie Sherrill said on "Face the Nation with Margaret Brennan" that her state's residents elected her because they want "to see an agenda to get their costs down, and something that was going to take place quickly. As I said, you know, I'm not writing a strongly-worded letter. I'm not doing a 10-year plan."
New York State Sen. Joseph Addabbo chairs the Committee on Racing, Gaming and Wagering. Watch the full interview on "The Point with Marcia Kramer."
In the blink of an eye, attention turns from generational change at New York City Hall to the possibility of a high-stakes fight to guide New York state.
New York City's John F. Kennedy International Airport was partially evacuated Friday morning.
The Teens for Food Justice Hydroponic Farm at the Urban Assembly Maker Academy is a triumph. Rows of fresh vegetables, from cucumbers to kale to basil to arugula, are all grown there, and the kids are responsible for it.
The Urban Assembly Maker Academy in Manhattan is built around career and technical education pathways with hands-on learning in the classroom.
Dangerous heat and severe storms are back in the picture for New York City and the surrounding area in Friday's weather forecast.
Some people in Jackson Heights, Queens were without power overnight into Friday morning.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
Dangerous heat and severe storms are back in the picture for New York City and the surrounding area in Friday's weather forecast.
The first World Cup game at MetLife Stadium is Saturday, and it will be a major test for NJ Transit. Here's what to expect.
With the temperatures rising into the 90s and a dangerous heat index, Newark, New Jersey, is activating a Code Red warning to keep residents and soccer fans attending World Cup festivals safe.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Fans will soon gather at Choripan in Hackensack, New Jersey, to root for Argentina as they look to win their second consecutive World Cup title.
Dangerous heat and severe storms are back in the picture for New York City and the surrounding area in Friday's weather forecast.
The man accused of driving drunk and killing a Nassau County police officer in January has changed his plea to guilty.
Long Island reporter Jennifer McLogan was presented with a Lifetime Achievement Award at the 2026 Folio Awards Luncheon.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
A Long Island woman says her efforts to avoid check washing didn't keep her from being robbed, calling the experience "upsetting and disheartening."
New York Gov. Kathy Hochul is reacting to threats from President Trump's border czar about sending more ICE agents to the state.
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
A judge has found former New York City Comptroller Brad Lander not guilty in a bench trial over his arrest at the city's immigration court last fall.
The bench trial of former New York City Comptroller Brad Lander over his arrest at the city's immigration court last fall got underway on Wednesday in Manhattan.
Calls to ban horse carriages in New York City are growing after a horse collapsed and died in Central Park Tuesday.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
Marie Francillion was diagnosed with lung cancer after she was feeling heartburn and shoulder pain. She said she's able to remain hopeful and spend more time with her family because of a different type of treatment.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Madonna performed a surprise concert in Times Square weeks before the release of her "Confessions II" album.
Knicks superfan Spike Lee stopped by CBS Mornings to give his thoughts as the Knicks get set to play in the NBA Finals, and he offered his prediction, too.
The first World Cup game at MetLife Stadium is Saturday, and it will be a major test for NJ Transit. Here's what to expect.
Juan Soto hit a go-ahead homer in the seventh inning and the New York Mets earned a 5-4 win over the St. Louis Cardinals on Thursday.
The NYPD said "reckless and dangerous" fan behavior before and after the game between the Knicks and Spurs justified stepped-up security around the Garden.
A video shared online shows at least one egg tossed in the direction of the San Antonio Spurs superstar as he entered his hotel following the loss to the Knicks.
Fans will soon gather at Choripan in Hackensack, New Jersey, to root for Argentina as they look to win their second consecutive World Cup title.
A years-long battle is intensifying over the future of an old rail line in Queens that was abandoned after a fire over 50 years ago.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
Residents and elected officials are urging the MTA to reopen the Long Island Rail Road's former Elmhurst station, arguing that the neighborhood has outgrown its current transit options.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
All eyes will be on Wall Street Friday as Elon Musk's company SpaceX is expected to make its stock market debut. CBS News New York's Jenna DeAngelis reports.
It will be a major test for NJ Transit. Here's what you can expect if you're traveling. CBS News New York's Elijah Westbrook reports.
From the moment the switch was flipped in January of 2025, this endeavor has grown exponentially. Rows of fresh vegetables, from cucumbers to kale to basil to arugula, are all grown there, and the kids are responsible for it. CBS News New York's Chris Wragge reports.
The Maker Space at Urban Assembly Maker Academy is where all the action happens. It's a triangle where nothing but work is being done, including computer science, digital media and even bench building, photography, and more. Chris Wragge reports.
The school is built around career and technical education pathways with hands-on learning in classes like video game programming, physical computing, and plant production. The coursework prepares students for the working world. CBS News New York's Chris Wragge reports.