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Economic Development

The Education of Joe Sitt

The tone of a City Council hearing last week on Mayor Bloomberg’s major Coney Island redevelopment plans was music to Joe Sitt’s ears.

The red-carpeted Council chambers in City Hall quickly became an interrogation room as successive Council Members took their turns bellowing aggressive questions and assertions at a trio of Bloomberg economic Read More

Michael Bloomberg’s Two Favorite Mega-Projects

In the universe of the city budget, cuts are everywhere.

Nowhere was this more apparent than the city’s capital budget, the decade-long plan that pays for new parks, schools, firehouses, infrastructure and economic development with $47 billion in city funds. The Bloomberg administration is proposing to shrink its capital spending by about $8 billion from an Read More