The art museum has served as a community gathering and support space. On November 22, 2021, Mayor Bill de Blasio announced a $50 million capital investment in the Brooklyn Museum. The Brooklyn Museum is an art museum located on Eastern Parkway near Prospect Heights.
Search Results for: Capital Investment
NYCHA Relaunches Updated Capital Project Tracker
On March 25, 2024, the New York City Housing Authority (NYCHA) launched an updated version of its NYCHA Capital Project & Needs Tracker, an interactive tool to improve transparency about over 950 NYCHA projects. The tracker was originally launched in April 2022.
City Announces New Investments in Traffic Safety and Accessibility Improvements
The plan follows additional commitments to improve safety and accessibility in 1,000 intersections citywide earlier this year. On April 23, 2022, Mayor Eric Adams announced a $904 million investment over the next five years in improving traffic safety and infrastructure. The investments will help advance the “NYC Streets Plan”, the five-year plan developed by the Department of Transportation (DOT) to improve street safety, quality and accessibility.
Mayor Announces Seaport Capital Project to Prevent Flooding
On October 26, 2021, Mayor Bill de Blasio announced an investment of $110 million for a capital project to address the threat of storm surge and rising sea levels for Lower Manhattan. The proposed project will rebuild and raise the existing bulkhead and improve the drainage between the Brooklyn Bridge and Pier 17. The announcement was made with the New York City Economic Development Corporation and the Mayor’s Office of Climate Resiliency.
City Council Approves Text Amendment to Encourage Private Investment in Public Transit Accessibility Projects
On October 7, 2021, the City Council voted to approve a new zoning text amendment that would help make public transportation more accessible. The Elevate Transit: Zoning for Accessibility text amendment allows the MTA to leverage private development in order to add elevators or other station access to New York City Transit, Staten Island Railway, Long Island Rail Road and Metro-North Stations across the city.
NYCHA Community Centers to be Renovated with $22 Million from NYPD Capital Funding
The funding will help four community centers. On July 21, 2020, Mayor de Blasio announced that three NYCHA community centers will be renovated, and a fourth will receive expense funding for programming, using $22 million in capital funding shifted from the NYPD to NYCHA in the Fiscal Year 2021 Adopted Budget. This project is a part of the Mayor’s commitment to reinvest $450 million in NYPD capital funds to community centers across the City.