Page 4 - Comptroller Scott News Today

New York City Pension Trustees Voted to Divest Estimated $4 Billion in Fossil Fuel Securities Posted on 01/25/2021 New York City Mayor Bill de Blasio, Comptroller Scott M. Stringer, along with trustees of two of the City’s pension funds, announced these funds have voted to divest their portfolios of an estimated US$ 4 billion from securities related to fossil fuel companies. The divestment, expected to be one of the largest in the world, will address the significant financial and environment...

Regional By Sara Marcus Updated Tuesday, January 26, 2021 at 2:57 pm NEW YORK - Updated Tuesday, January 26, 2021 at 2:57 pm Mayor Bill de Blasio holds a media availability. City Hall. Tuesday, January 26, 2021. (Ed Reed/Mayoral Photography Office) The pension funds of New York City employees and New York City public school teachers have voted to divest $4 billion worth f funding from fossil fuel and polluting industries. The New York City Employees’ Retirement System (NYCERS) and New ...

Protesters Caught In NYPDs Violent Mott Haven Crackdown Push For Community Reparations Fund arrow NYPD officers arrest a protester in the Mott Haven section of the Bronx on June 4th, 2020. C.S. Muncy / Gothamist On June 4th, LoriKim Alexander, a 44-year-old Bronx resident, was marching against police brutality in the borough’s Mott Haven neighborhood. Without warning, hundreds of heavily armored NYPD officers trapped the group on a narrow street, then rushed at them ...

Ben Fractenberg/THE CITY The city’s already slower-than-expected economic recovery from the pandemic downturn has stalled and threatens a see-saw double-dip recession, at least for the early months of the year. New York City lost 7,500 jobs in December, state labor data released Thursday shows, primarily because of the shutdown of indoor dining. It marked the first decline in jobs since a low in April. Meanwhile, a special tax credit for restaurants proposed by Gov. Andrew Cuomo this week dre...

Replies(2) People eat outside in Fort Greene, Brooklyn during the coronavirus outbreak, Dec. 29, 2020. (Ben Fractenberg/THE CITY) This story was originally published on January 21 2021 by THE CITY. Sign up here to get the latest stories from THE CITY delivered to you each morning. The citys already slower-than-expected economic recovery from the pandemic downturn has stalled and threatens a see-saw double-dip recession, at least for the early months of the year. Subscribe New York City lost 7,5...

Heres Where The Mayoral Candidates Are Getting Their Money arrow Looking south from the skyscraper Manhattan West. Tod Seelie / Gothamist Five months before the mayoral primary, former Wall Street financier Ray McGuire has emerged as the biggest fundraiser in his run for City Hall, new campaign finance data shows. The former CitiGroup executive has turned to deep-pocketed donors in the upper echelons of Manhattans upper class to help amass a sizable haul, with nearly $5 ...