City to slate $1 billion in City capital for the replacement of over 700 deteriorating roofs in next decade. On January 24, 2017, Mayor Bill de Blasio and New York City Housing Authority Chair Shola Olatoye announced a capital commitment of $1 billion to replace deteriorating roofs on buildings owned by the NYCHA over the next 10 years. The Mayor had previously committed $300 million in 2015 over three years. The $1.3 billion is expected … <Read More>