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.
Search Results for: City Island, the Bronx
DDC and DEP Complete Water Connection to Randall’s and Wards Islands
The newly completed water connection will bring reliable water to the public buildings located on Randall’s and Wards Islands. On January 5, 2021, the Department of Designs and Construction (DDC) and the Department of Environmental Protection (DEP) announced the completion of a water connection upgrade to Randall’s and Wards Islands. The DEP funded the project while the DDC managed construction.
Parks Department Celebrates Holiday Season With Light Displays Across City
The light displays offer local options for those who can’t or choose not to see typically more crowded options like the Rockefeller Center tree. On December 11, 2020, the Parks Department announced that this holiday season, New Yorkers can enjoy local light displays at Parks administrative buildings and parks around the city. This season, Parks will host over 80 lighting displays across the City.
New Investment in Bike Infrastructure for New York City
Three miles of new bike lanes will be created. On October 14, 2020, Mayor de Blasio announced that more than three miles of protected bike lanes have been completed in Midtown Manhattan and the Upper West Side, including uptown protected lanes on both Sixth Avenue and Central Park West.
$75 Million Enhancement of Staten Island Bluebelt Underway
Bluebelts improve the health of local waterways and increase nearby property values by managing stormwater and reducing flooding while protecting natural spaces. On October 1, 2020, New York City Department of Environmental Protection Commissioner Vincent Sapienza, Department of Transportation Commissioner Polly Trottenberg, and Department of Design and Construction Commissioner Lorraine Grillo announced that construction began on a $75 million enhancement of the Bluebelt program in the Mid-Island area of Staten Island.
Major Bus and Bike Improvements Increase Mobility in the Bronx
The changes affect four bus lines connecting ten major subway lines in the Bronx and Manhattan. On October 9, 2020, Mayor de Blasio announced major bus and bike improvements in the Bronx furthering the Better Buses Restart plan and keeping the City on track with de Blasio’s recovery agenda.