Mayor Bill de Blasio calls for emissions reductions by mandating improvements to existing buildings. On June 2, 2017, Mayor Bill de Blasio signed Executive Order No. 26, Climate Action Executive Order, to commit New York City to the principles and goals of the Paris Agreement. On September 14, 2017, the Office of the Mayor announced new mandates on building upgrades to implement the executive order. According to the Mayor’s press release, these mandates … <Read More>
Search Results for: Capital Investment
Mayor Announces $50 Million Redevelopment of Orchard Beach Pavilion
Elected officials announced new investment into Bronx beach pavilion reconstruction. On May 26, 2017, Mayor Bill de Blasio, alongside Parks Commissioner Mitchell Silver, Assembly Speaker Carl Heastie, and Bronx Borough President Ruben Diaz Jr., announced a $50 million investment to redevelop the Bronx’s Orchard Beach pavilion in Pelham Bay Park. The money would go to restore the currently closed pavilion. The Mayor has committed $20 million in capital funding, and $10 million has been committed … <Read More>
City Commits $1 Billion to Fix NYCHA Roofs
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>
Rent Stabilization: Preserving Low and Middle-Income Housing
Rent regulation is not a new issue for New York City. But the headlines in June 2015 were far larger and the reactions more contentious than at any time in recent memory. For the first time in its 46-year history, the Rent Guidelines Board decided that there would be no increase in rents for one-year renewals on rent-stabilized apartments; it also limited increases on two year renewals to two-percent. Not surprisingly, tenants hailed the decision … <Read More>
Mayor Announces Citywide Community Parks Initiative
$130 million secured to invest in 35 under-resourced parks throughout NYC. On October 7, 2014, Mayor Bill de Blasio and Department of Parks & Recreation Commissioner Mitchell J. Silver announced a $130 million investment in 35 community parks throughout the five boroughs. This is the first phase of a multi-faceted program to support investment in the most under-resourced parks and communities, known as the Community Parks Initiative. The Mayor’s capital budget raised $110 million … <Read More>
Transit and Resiliency Topics of Focus at RPA’s Annual Meeting
Both Mayor Bill de Blasio and Senator Chris Murphy addressed economic disparity and the necessity of a long-term vision and cooperation of local leadership in strengthening the New York Metropolitan region’s infrastructure and economy. The Regional Plan Association held its 24th Annual Assembly at the Waldorf Astoria Hotel on April 25, 2014. The RPA is a non-profit that seeks to promote planning for economic competitiveness, quality of life, and long-term sustainability in the larger New … <Read More>