This divestment will address significant risks fossil fuel holdings pose to the environment and funds. On January 25, 2021, Mayor de Blasio, Comptroller Stringer, and trustees announced that they had voted to divest their portfolios from securities related to fossil fuel companies, in what is expected to be the largest divestment in the world.
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Lynn Kelly on the Future of Coney Island
Ever since Lynn Kelly was appointed President of the Coney Island Development Corporation [CIDC] last year, she knew that time was of the essence. Her mission: restore Coney Island to its former prominence, and do it quickly, or lose the opportunity forever.
Kelly, a former Deputy Director of the City’s Art Commission, joined the New York City Economic Development Corporation in 2001. Over the next six years, she managed a portfolio of development projects and … <Read More>