{"entity":{"id":793,"slug":"new-york-city-comptroller","name":"New York City Comptroller","type":"government_agency","role":"Municipal financial oversight office with fiduciary duties to NYC pension funds","description":null,"imageUrl":null,"createdAt":"2026-04-09T14:07:17.585Z","updatedAt":"2026-05-19T09:20:38.116Z"},"electedOffice":null,"significance":{"score":7,"components":{"totalFindings":0,"connectionDegree":6,"recentFindings90d":0,"activeResearchJobs":0,"goblinAttributions":1,"recentSyntheses90d":0,"moneyFlowChainsTotal":0,"closedLoopMemberships":0,"moneyFlowHopsRecent90d":0},"computedAt":"2026-10-16T01:34:31.424Z"},"facts":[{"id":32750,"text":"The City Charter requires that all contracts and agreements entered into by City agencies be registered by the Comptroller prior to implementation, through the Bureau of Contract Administration with a 30-day review window.","confidence":"primary","dateOccurred":"ongoing","source":null},{"id":32748,"text":"The Comptroller's Bureau of Asset Management oversees investment portfolios managed predominantly by external managers across publicly traded securities, private equity, real estate, infrastructure, hedge funds, and opportunistic fixed income.","confidence":"primary","dateOccurred":"ongoing","source":{"title":"Pension / Investment Management Overview","url":"https://comptroller.nyc.gov/services/financial-matters/pension/overview/","publication":"NYC Comptroller Official Website"}},{"id":32746,"text":"The Comptroller serves as investment advisor, custodian, and trustee for all five New York City public pension funds: NYCERS, TRS, Police, Fire, and BERS — collectively the fourth largest public pension plan in the U.S. with approximately $316.34 billion in assets as of January 2026.","confidence":"primary","dateOccurred":"2026-01-15","source":{"title":"Pension / Investment Management Overview","url":"https://comptroller.nyc.gov/services/financial-matters/pension/overview/","publication":"NYC Comptroller Official Website"}},{"id":32754,"text":"In November 2025, Comptroller Brad Lander recommended that three NYC pension funds drop asset managers BlackRock ($42 billion), Fidelity, and PanAgora due to inadequate decarbonization plans under the funds' Net Zero Implementation Plan.","confidence":"primary","dateOccurred":"2025-11-26","source":{"title":"Comptroller Lander Recommends Pension Boards Drop BlackRock, Fidelity, and PanAgora Due to Inadequate Decarbonization Plans","url":"https://comptroller.nyc.gov/newsroom/comptroller-lander-recommends-pension-boards-drop-blackrock-fidelity-and-panagora-due-to-inadequate-decarbonization-plans/","publication":"NYC Comptroller Official Website"}},{"id":32752,"text":"In September 2025, the Comptroller found $8.6 million in unauthorized subcontractor payments across four health and human services agencies during FY2022-2024 in a series of sweeping audits.","confidence":"secondary","dateOccurred":"2025-09-25","source":null},{"id":32747,"text":"The NYC pension funds achieved a 10.3% aggregate investment return for Fiscal Year 2025, surpassing the 7% actuarial target and the State Street custom benchmark of 7%, delivering $2.18 billion in savings to the City over five fiscal years.","confidence":"primary","dateOccurred":"2025-08-06","source":{"title":"NYC Comptroller Lander Announces Strong 10.3% Pension Returns for Fiscal Year 2024-2025","url":"https://comptroller.nyc.gov/newsroom/nyc-comptroller-lander-announces-strong-10-3-pension-returns-for-fiscal-year-2024-2025/","publication":"NYC Comptroller Official Website"}},{"id":32756,"text":"Incoming Comptroller Mark Levine (term began January 2026) announced plans to reinvest in Israel Bonds, reversing Lander's phase-out, stating Israel bonds have 'a very strong rate of return.'","confidence":"secondary","dateOccurred":"2025-07-28","source":null},{"id":32758,"text":"In May 2025, the NYC pension systems completed a record $5 billion GP stakes secondary sale to Blackstone across all five pension funds — one of the largest pension-led secondary transactions in U.S. history.","confidence":"secondary","dateOccurred":"2025-05-27","source":{"title":"NYC pensions finalize $5B secondary sale to Blackstone","url":"https://pitchbook.com/news/articles/nyc-pensions-finalize-5b-secondary-sale-blackstone","publication":"PitchBook"}},{"id":32753,"text":"In February 2025, Comptroller Lander's financial team discovered that the Trump administration and Elon Musk's DOGE had revoked $80 million in congressionally-appropriated FEMA funds directly from NYC bank accounts, prompting emergency legal action.","confidence":"primary","dateOccurred":"2025-02-12","source":{"title":"Statement from NYC Comptroller Lander on the Trump Administration's Illegal Reversal of FEMA Funding","url":"https://comptroller.nyc.gov/newsroom/statement-from-nyc-comptroller-lander-on-the-trump-administrations-illegal-reversal-of-fema-funding/","publication":"NYC Comptroller Official Website"}},{"id":32751,"text":"The Comptroller's Bureau of Audit is mandated to audit every City agency at least once every four years; in FY2023 the office completed 30 audits, reviews, and special reports.","confidence":"primary","dateOccurred":"2024-02-02","source":null},{"id":32755,"text":"In January 2023, Comptroller Brad Lander ended New York City's decades-long practice of investing in Israeli government bonds when the existing $39 million in bonds matured, citing a policy to avoid foreign sovereign debt and equal treatment of all countries.","confidence":"secondary","dateOccurred":"2023-01-15","source":null},{"id":32749,"text":"Under the New York Labor Law, the Comptroller sets and enforces prevailing wage and living wage laws for public works projects and certain service contracts; over $11 million in wage recoveries were collected under Comptroller Brad Lander's tenure alone.","confidence":"primary","dateOccurred":"2022-2025","source":null},{"id":32757,"text":"The Comptroller's office settled 13,712 claims and lawsuits against New York City for $975 million in fiscal year 2019, and issued 61 audits and special reports identifying potential revenue and savings.","confidence":"secondary","dateOccurred":"2019-06-15","source":null},{"id":13908,"text":"New York City Comptroller filed filing with the SEC on 2003-03-31. Accession number: N/A.","confidence":"secondary","dateOccurred":"2003-03-31","source":{"title":"SEC EDGAR: filing — New York City Comptroller (2003-03-31)","url":"https://efts.sec.gov/LATEST/search-index?q=%22New%20York%20City%20Comptroller%22&dateRange=custom&forms=4,SC%2013D,SC%2013G,DEF%2014A,10-K,10-Q","publication":"SEC EDGAR"}},{"id":32745,"text":"The Office of the New York City Comptroller was established in 1801 by the City Common Council, making it one of the oldest municipal financial oversight offices in the United States.","confidence":"primary","dateOccurred":"1801-06-15","source":{"title":"Office History — New York City Comptroller","url":"https://comptroller.nyc.gov/about/office-history/","publication":"NYC Comptroller Official Website"}},{"id":19491,"text":"Search scope note: No usaspending contracts found for \"New York City Comptroller\" in automated database search as of 2026-04-15. This reflects search coverage limits, not confirmed absence from public record.","confidence":"inferential","dateOccurred":null,"source":null}],"connections":[{"id":19049,"relationshipType":"oversight","description":"Jeffries' district, New York's 8th Congressional District, is anchored in central and southern Brooklyn (including parts of Bedford-Stuyvesant, Crown Heights, East New York, Brownsville, Canarsie, Mill Basin, Sheepshead Bay, and Coney Island) and extends into a portion of southwest Queens (including parts of Howard Beach). The district falls under the jurisdiction of the New York City Comptroller for city-level oversight.","confidence":"inferential","firstDocumented":"2013","lastDocumented":null,"other":{"id":1129,"name":"Hakeem Jeffries","slug":"hakeem-jeffries","type":"elected_official"}},{"id":17633,"relationshipType":"Potential Constituency Connection","description":"New York City Comptroller is listed as a known entity. As senator for New York, Gillibrand interacts with NYC officials. Not directly documented in the provided facts beyond constituency baseline.","confidence":"inferential","firstDocumented":"2009","lastDocumented":null,"other":{"id":1127,"name":"Kirsten Gillibrand","slug":"kirsten-gillibrand","type":"elected_official"}},{"id":16377,"relationshipType":"constituent_office","description":"Schumer represents all of New York, including New York City, whose comptroller is mentioned as an entity; no direct interaction is documented.","confidence":"inferential","firstDocumented":"2025","lastDocumented":null,"other":{"id":7826,"name":"Chuck Schumer","slug":"chuck-schumer","type":"elected_official"}},{"id":15195,"relationshipType":"investor","description":"In November 2025, Comptroller Brad Lander recommended that three NYC pension funds drop asset manager BlackRock ($42 billion) due to inadequate decarbonization plans under the funds' Net Zero Implementation Plan. BlackRock Financial Management, Inc. is a subsidiary of BlackRock.","confidence":"inferential","firstDocumented":"2025","lastDocumented":null,"other":{"id":615,"name":"BlackRock Financial Management, Inc.","slug":"blackrock-financial-management-inc","type":"company"}},{"id":13565,"relationshipType":"constituency government","description":"Espaillat's district falls under NYC Comptroller jurisdiction, but no direct relationship is documented.","confidence":"inferential","firstDocumented":"2024","lastDocumented":null,"other":{"id":11096,"name":"Adriano Espaillat","slug":"congress-e000297","type":"person"}},{"id":19286,"relationshipType":"political challenge/debate challenge","description":"Comptroller Brad Lander challenged Malliotakis to a debate over the OBBBA, with the comptroller's office noted as a known entity.","confidence":"primary","firstDocumented":"2025","lastDocumented":null,"other":{"id":11024,"name":"Nicole Malliotakis","slug":"congress-m000317","type":"person"}},{"id":15198,"relationshipType":"investor","description":"In January 2023, Comptroller Brad Lander ended NYC's practice of investing in Israeli government bonds ($39 million matured). Incoming Comptroller Mark Levine (term began January 2026) announced plans to reinvest in Israel Bonds, reversing the phase-out.","confidence":"primary","firstDocumented":"2023","lastDocumented":null,"other":{"id":6847,"name":"Israel Bonds","slug":"israel-bonds","type":"organization"}},{"id":15196,"relationshipType":"financial_benchmark","description":"The NYC pension funds achieved a 10.3% aggregate investment return for Fiscal Year 2025, surpassing the State Street custom benchmark of 7%.","confidence":"primary","firstDocumented":"2025","lastDocumented":null,"other":{"id":616,"name":"State Street","slug":"state-street","type":"company"}},{"id":15194,"relationshipType":"investor","description":"In November 2025, Comptroller Brad Lander recommended that three NYC pension funds drop asset manager BlackRock ($42 billion) due to inadequate decarbonization plans under the funds' Net Zero Implementation Plan.","confidence":"primary","firstDocumented":"2025","lastDocumented":null,"other":{"id":25,"name":"BlackRock","slug":"blackrock","type":"company"}},{"id":15193,"relationshipType":"financial_conflict","description":"In February 2025, Comptroller Lander's financial team discovered that the Trump administration and Elon Musk's DOGE had revoked $80 million in congressionally-appropriated FEMA funds directly from NYC bank accounts, prompting emergency legal action.","confidence":"primary","firstDocumented":"2025","lastDocumented":null,"other":{"id":91,"name":"Department of Government Efficiency (DOGE)","slug":"department-of-government-efficiency-doge","type":"instrument"}},{"id":11606,"relationshipType":"role","description":"Mark D. Levine is identified as the New York City Comptroller, the office from which he made the documented request.","confidence":"primary","firstDocumented":"2026","lastDocumented":null,"other":{"id":622,"name":"Mark D. Levine","slug":"mark-d-levine","type":"person"}},{"id":11338,"relationshipType":"oversight","description":"The Comptroller's office regularly files PX14A6G notices of exempt solicitation with the SEC on behalf of NYC pension funds for shareholder proposals at companies like Goldman Sachs, Bank of America, Morgan Stanley, and RBC.","confidence":"primary","firstDocumented":null,"lastDocumented":null,"other":{"id":391,"name":"Securities and Exchange Commission","slug":"securities-and-exchange-commission","type":"government_agency"}},{"id":10178,"relationshipType":"regulatory_filing","description":"New York City Comptroller filed filing with the SEC on 2003-03-31","confidence":"primary","firstDocumented":"2003","lastDocumented":null,"other":{"id":391,"name":"Securities and Exchange Commission","slug":"securities-and-exchange-commission","type":"government_agency"}},{"id":13933,"relationshipType":"oversight","description":"NYPD technology contracts and surveillance expenditures are subject to oversight and audit by the New York City Comptroller's office.","confidence":"secondary","firstDocumented":"2020","lastDocumented":null,"other":{"id":434,"name":"New York Police Department (NYPD)","slug":"new-york-police-department-nypd","type":"institution"}},{"id":11339,"relationshipType":"credit_rating_agency_relationship","description":"Moody's rates NYC general obligation bonds Aa2; in March 2026 it lowered the outlook from stable to negative, prompting a statement from Comptroller Levine warning of looming financial challenges.","confidence":"secondary","firstDocumented":null,"lastDocumented":null,"other":{"id":386,"name":"Moody's Investors Service","slug":"moody-s-investors-service","type":"company"}}],"contradictions":[],"permalink":"https://www.goblinhouse.net/entity/new-york-city-comptroller","timelineUrl":"https://www.goblinhouse.net/entity/new-york-city-comptroller/timeline"}