Stringer Opposes Sale of City Buildings He Finally Has the Power to Stop—If Big Name Developers Don’t Get in the Way
In his ongoing push for efficiency, efficiency, efficiency in city government, Mayor Bloomberg announced a plan during his State of the City address in January to consolidate city departments downtown.
The proposal not only helps co-locate agencies, improving collaboration, but also saves the city money on operating expenses, as much as $100 million over the next 20 years according to the city’s projections as it vacates three historic buildings around City Hall. The Bloomberg administration is further enriching the city’s coffers by selling off the properties to private developers.
Borough President Scott Stringer has complained that the property is not being put to better use, as public land has elsewhere in the five boroughs has been, and so he has voted against the sale of the buildings as part of the public review process for their disposition. Read More