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Comptroller Stringer, State Senator Kavanagh, Assemblymember Simon, Council Member Levin and Brooklyn Communities Rally for a Better BQE

(New York, NY) — Today, New York City Comptroller Scott M. Stringer, State Senator Brian Kavanagh, Assemblymember Jo Anne Simon, Council Member Stephen Levin, A Better Way NYC, Brooklyn Heights Association, Cobble Hill Association, Cadman Towers, and community leaders demand more transparency and community engagement from the City during the rehabilitation of the Brooklyn-Queens Expressway (BQE). Last year, the City’s Department of Transportation (DOT) announced two potential options to repair the triple-cantilevered section of the BQE. The first would replace the Brooklyn...
Press Releases & Statements

Comptroller Stringer: Fair Fares Rollout Becoming an Indefinite Delay for Hard Working New Yorkers

(New York, NY) — Following today’s announcement regarding the next steps in launching the Fair Fares program, New York City Comptroller Scott M. Stringer released data that spotlights the estimated 800,000 New Yorkers who were originally promised half-price MetroCards beginning on January 1, 2019. However, the City has significantly scaled back initial eligibility to just a small subset of Cash Assistance and SNAP recipients, leaving out hundreds of thousands of New Yorkers living below the poverty line who will continue to face...
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Comptroller Stringer Calls on City to Provide Tax Relief to CityLights Residents as its New Neighbor Amazon Receives $3 Billion in Subsidies

(New York, NY) — Today, New York City Comptroller Scott M. Stringer and residents of CityLights – an affordable co-op in Long Island City – gathered in Gantry Park to demand relief for the building’s over-taxed middle-class residents following the expiration of a Payment-in-Lieu-of-Taxes (PILOT) agreement and a new assessment by the Department of Finance (DOF) that nearly doubled the building’s assessment from $51.7 million to $101.6 million in fiscal year (FY) 2019. This series of events could raise the monthly...
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Comptroller Stringer: Time’s Up for City to Detail Fair Fares Plan for Low Income Bus and Subway Riders

(New York, NY) — Today, New York City Comptroller Scott M. Stringer was joined by the Community Service Society and Riders Alliance to demand the City get on track its plan to distribute discounted MetroCards to low-income New Yorkers under the new Fair Fares plan, which was supposed to begin January 1st. In December, Comptroller Stringer sent a letter to the Human Resources Administration spotlighting concerns that the program’s rules had yet to be detailed, with no clarity, for instance, on whether new...
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Comptroller Stringer Audit Reveals DOHMH Skipped Mandatory Inspections at Hundreds of Child Care Centers

(New York, NY) — New York City Comptroller Scott M. Stringer today released a troubling new audit revealing that the Department of Health and Mental Hygiene (DOHMH) failed to conduct required inspections of over half of the child care centers that served the City’s Universal Pre-Kindergarten (UPK) program in Fiscal Year 2017 (FY17).  Under its own rules, DOHMH is supposed to conduct two types of inspections each year at each center — one by an Early Childhood Education Consultant (ECEC),...
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Comptroller Stringer Statement on Facebook Privacy Failure

“Private messages should be just that – private. Instead, Facebook violated the trust of billions of users, giving big tech companies open access to read, monitor, and even delete highly personal and sensitive material. This is just the latest betrayal over the last several months that should make all of us question the judgment of Facebook’s senior leadership. “Facebook’s relationships with its investors and the public are deeply frayed. This disturbing pattern of one-off excuses and continuous apologies comes down...
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Mayor de Blasio, Comptroller Stringer, and Pension Fund Trustees Announce Significant Next Step to Divest Pension Funds from Fossil Fuel Reserve Companies

(New York, NY) — Mayor Bill de Blasio and Comptroller Scott M. Stringer today announced the next big step in the New York City Pension Funds’ action to address the risk posed by climate change by divesting from fossil fuel reserve owners – an unprecedented process and the first-of-its-kind in the United States. The Request for Proposal (RFP) released today seeks advisers to analyze, evaluate, and recommend prudent fossil fuel divestment strategies for the New York City Employees’ Retirement System (NYCERS), the...
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Comptroller Stringer Releases Annual Report on NYC Economic and Fiscal Outlook

(New York, NY) — New York City Comptroller Scott M. Stringer today released an annual analysis of the City’s economic and financial position, as required by the City Charter, finding the overall economic outlook for New York City remains strong. The report analyzes a series of economic indicators as well as the City’s November 2018 Financial Plan – which includes budget projections into FY 2022. To read Comptroller Stringer’s full analysis of the November Plan, click here.
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Comptroller Stringer, NYC Funds Call on Portfolio Companies to Immediately End Exploitative Labor Practices

(New York, NY) — Comptroller Stringer and the NYC Funds today announced a call for CBS and Alphabet to end “Inequitable Employment Practices” that force employees to relinquish their ability to challenge unlawful discrimination and harassment. As CBS and Alphabet, the parent company of Google, continue to face widespread employee criticism over hostile workplace issues – including public lawsuits and mass employee walk-outs, the shareholder proposal announced today and submitted to both companies targets a slate of damaging practices with wide-ranging impacts...
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Comptroller Stringer Issues Letter Calling For Comprehensive Review of Policies at HRA Centers

(New York, NY) — In response to the disturbing and violent arrest of Jazmine Headley at the Fort Greene Supplemental Nutrition Assistance Program (SNAP) center in Brooklyn, Comptroller Stringer issued the following letter to Commissioner Steven Banks of the New York City Department of Social Services. The letter reads as follows: Like many New Yorkers, I am profoundly disturbed by the videos and eyewitness accounts that have surfaced of the violent arrest that occurred at the Fort Greene Supplemental Nutrition Assistance Program (SNAP) center...
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Comptroller Stringer Urges Department of Homeland Security to Rescind Public Charge Rule

(New York, NY) — Today, New York City Comptroller Scott M. Stringer sent a letter to the U.S. Department of Homeland Security in response to the Trump administration's public charge proposal that would make it harder for immigrants to obtain a green card or visa if they have used public benefits, including SNAP, public housing, and Medicaid. "Altogether, it is clear the proposed rule is simply the administration’s latest attempt to scapegoat immigrants to line other people’s pockets, and is unmistakably consistent with...
Press Releases & Statements

Comptroller Stringer Appoints Alex Doñé as New Chief Investment Officer of the Bureau of Asset Management

(New York, NY) — Following a nationwide search led by the executive search firm Korn Ferry, New York City Comptroller Scott M. Stringer announced today the appointment of Alex Doñé as the Deputy Comptroller of the Bureau of Asset Management (BAM) and Chief Investment Officer, effective immediately. In this role, Doñé will spearhead the Comptroller’s responsibilities as investment advisor to the five New York City Retirement Systems, which make up the fourth largest public pension fund in the United States with over...
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