This Administration has retained over $1 billion in the water system to keep rates affordable while ensuring funding for drinking water and wastewater projects. On May 10, 2021, the New York City Department of Environmental Protection proposed a 2.76 percent increase to the water rate in 2022 to the City’s Water Board. Funding has helped to create critical programs while keeping rates low for property owners and businesses. New York City water rates are approximately … <Read More>
Governor Cuomo further encouraging New Yorkers to telecommute and stay home. On March 18, 2020, the Empire State Development Corporation issued guidance for Governor Andrew Cuomo’s Executive Order Number 202.6, which requires that to the maximum extent possible, all businesses and not-for profit entities throughout the state utilize work from home and telecommuting procedures. This executive order comes as an update to Executive Order 202, which, on March 7, 2020, declared a state of … <Read More>
City enters final stretch for the completion of the Brooklyn Bridge Park. On October 19, 2016, the conversion of Pier 3 in Brooklyn Bridge Park began. Currently ninety percent of the park, which opened in 2010, is either under construction or completed. When opened, Pier 3 will offer a central lawn, a recreation and programming area, and a play “labyrinth” which will highlight historic elements salvaged from the reconstruction—namely salvaged rail ties and bollards.
Mayor … <Read More>
The site has been operating as an open public space for use by local artists and community members since 1986. On April 13, 2016, the City Planning Commission adopted a resolution to approve the amending of the City Map to include the Socrates Sculpture Park, located at 32-01 Vernon Boulevard in the Long Island City neighborhood of Queens. The site has been functioning effectively as a public park for local artists and community members for … <Read More>
The procurement policy board, which makes the contracting rules for the City of New York, recently adopted rules that will make it easier for the City to manage how it purchases goods and services. The most important rule in terms of large purchases will allow the City to award competitively-bid contracts for goods and services based on price plus previously announced best value considerations. Before, contracts for goods and services had to be awarded … <Read More>
Christopher V. Albanese is Executive Vice President of the Albanese Organization, a nearly 60-year-old real estate development and management firm founded by his father and uncle, now known for its innovative environment-friendly developments.
Albanese grew up in Queens and attended Cornell University where he majored in Economics. Following a stint at Coldwell Banker after college, he joined the family business in 1987. After three years, he left to pursue his law degree at St. John’s … <Read More>