Israel Divestment Could Cost NYC Taxpayers $37 Billion, New ADL-JLens Analysis Finds

Divestment from pro-Israel firms could cost NYC $37B: report

Pension fund divestment from major firms that do business with Israel could cost New York City pension funds and taxpayers more than $37 billion over the next decade, claims a new report released Wednesday.

Divesting from Israel could cost NYC $37 billion in taxpayer losses, per ADL analysis

Ari Hoffnung, of the Anti-Defamation League, told JNS that “we’re not just talking about Israeli bonds and Israeli companies. We’re talking about American companies that do business in Israel and with Israel.”

BDS could cost NYC taxpayers $37 billion, ADL-JLens analysis finds

If the funds, which collectively manage over $300 billion in assets, were to adopt BDS-aligned divestment strategies from 2025 to 2035, the research estimates high losses for the city.

Israel divestment could cost NYC taxpayers $37b, new ADL-JLens analysis finds

BDS movement targets major American companies like Amazon, Alphabet and Microsoft; ADL-JLens report estimates risk to NYC Pension Funds.

Israel Divestment Could Cost NYC Taxpayers $37 Billion, New ADL-JLens Analysis Finds

NEW YORK--(BUSINESS WIRE)--Jun 10, 2026-