New York Pension Fund Sends Billions to Florida and Texas as Housing Crisis Deepens and Outmigration Surges

ALBANY, NY — Joseph Hernandez, Republican candidate for New York State Comptroller, today blasted the mismanagement of the $300 billion New York State Common Retirement Fund under current Comptroller Tom DiNapoli, highlighting how billions of dollars in pension assets are being deployed to build housing in other states, like Florida and Texas, while New Yorkers […]