Hours after Lehman Brothers said it would file for bankruptcy on the now infamous Sept. 15, 2008, Deputy Mayor Robert Lieber—a former Lehman executive himself—professed an aggressive approach to the Bloomberg administration’s economic development agenda.
With a little over a year left in office, Mr. Lieber said during an interview in City Hall at the Read More
Mayor Bloomberg probably doesn’t do all that much fraternizing with sandhogs, the rare breed of construction workers who dig the city’s water and transit tunnels, working sometimes hundreds of feet below ground.
Today, however, was an exception, as the billionaire executive slipped a reflective vest over his suit, put on a hardhat, and chatted Read More
Mayor Bloomberg probably doesn’t do all that much fraternizing with sandhogs, the rare breed of construction workers who dig the city’s water and transit tunnels, working sometimes hundreds of feet below ground.
Today, however, was an exception, as the billionaire executive slipped a reflective vest over his suit, put on a hardhat, and chatted Read More
It’s been 22 months since City Planning chairwoman Amanda Burden declared before a Crain’s midtown breakfast forum that the city, within a month, would reveal a plan to rezone and revitalize the 13-block garment district north of Penn Station.
No such unveiling ever came, as the Bloomberg administration struggled to craft Read More
Two of the largest planned developments of the Bloomberg administration were approved by the City Council this afternoon, rezoning two sites in Queens that will allow for more than 10,000 new apartments, more than half of which would be at below market rates.
In two separate votes, the Council approved the redevelopment of the Read More
We’re past the two-hour mark at today’s major City Council hearing on the city’s Willets Point redevelopment plan, and there’s been a noticeable lack of the yelling, grandstanding and vituperation often seen when contentious issues come before the Council. In place of the typical attacks on the administration have been docile back and forths over Read More
Testifying before a packed hearing at the City Council this morning, Deputy Mayor Robert Lieber announced a set of new property deals in the Bloomberg administration’s bid to redevelop Willets Point, including ones involving two members of the main opposition group.
In testimony before a Council subcommittee, Mr. Lieber said the city had reached agreements Read More
Location: The financial industry is changing before our eyes. What’s your outlook for the city’s economy in the short term and midterm?
Mr. Lieber: There’s no question that this is unprecedented in any kind of shape for Wall Street since the ’20s. So we’ve never seen anything this bad, at least Read More
As the economy sours, ever-rising construction costs seem to be an in-vogue subject: Last night, the New York Building Congress released a report on the topic; the Manhattan Institute put out recommendations for controlling cost escalations earlier this month; and, on Monday, the Bloomberg administration announced a set of initiatives to lower Read More
Deputy Mayor Robert Lieber, speaking yesterday at a Crain’s breakfast forum, was asked whether he would be open to giving more city subsidies to Forest City Ratner’s more than $4 billion Atlantic Yards development in Brooklyn. His noncommittal response:
“We have not received any kinds of requests, formally, from Forest City Ratner to Read More
