Comptroller’s audit finds that the City has fallen substantially short in its duty of overseeing Privately Owned Public Space agreements, including agreements with Trump Tower, Trump International Hotel, and Trump Plaza. On April 18, 2017, the Office of the City Comptroller Scott Stringer released a report of an audit of how adequately the City oversees Privately Owned Public Space agreements with developers and building owners. Privately Owned Public Space agreements are created by developers in … <Read More>
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Comptroller Report Finds City Accountable for Failure to Stop the Sale of the Rivington House
In contrast to the DOI Report, the Comptroller’s Report places personal accountability on City Officials rather than the indoctrinated procedure for deed-modifications. On August 1, 2016, New York City Comptroller Scott M. Stringer issued a Report on the removal of deed restrictions from Rivington House. The Report is the product of a five-month-long investigation conducted by the Comptroller’s Office into the City’s actions in facilitating the sale of the Rivington House—a non-profit nursing home located … <Read More>
Comptroller Releases Report Critical of East New York Rezoning Plan
The report predicts that almost 50,000 residents of the affected Brooklyn neighborhoods would be priced out of neighborhood. On December 3, 2015, Comptroller Scott M. Stringer issued a report—Mandatory Inclusionary Housing and the East New York Rezoning: An Analysis—on the proposed East New York rezoning plan’s effect on housing affordability in the East New York and Cypress Hills neighborhoods of Brooklyn. The report claims while supply of housing units in the rezoned areas … <Read More>
Community Benefit Agreements report released
Task force proposed a framework for negotiating future Community Benefit Agreements related to publicly assisted development projects. A Community Benefit Agreement (CBA) is a private agreement negotiated between developers and community groups in order to garner support for real estate development projects. In exchange for community support, a developer may agree to provide amenities, such as infrastructure improvements or wage guarantees which are not required by the City’s land use review process. Since 2005, … <Read More>