‘New York City, known as one of the cultural epicenters of the world, modernizes with the times, but often at the cost of smaller, community-based initiatives.’
The reality is that, no matter how streamlined its management nor how transparent its spending plans may be, NYCHA just does not have the resources it needs.
After years of pressure from advocates, the Water Board indicated this spring a new interest in rejiggering water fees to account for the cost of stormwater. Will that be part of the next year’s agenda?
A report recommends using the revenue from tax-increment financing to fund community land trusts.