Stringer Opposes Sale of City Buildings He Finally Has the Power to Stop—If Big Name Developers Don’t Get In the Way

In his ongoing push for efficiency, efficiency, efficiency in city government, Mayor Bloomberg announced a plan during his State of the City address in January to consolidate city departments downtown.

The proposal not only helps co-locate agencies, improving collaboration, but also saves the city money on operating expenses, as much as $100 million over the next 20 years according to the city’s projections as it vacates three historic buildings around City Hall. The Bloomberg administration is further enriching the city’s coffers by selling off the properties to private developers.

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