Wednesday, September 17, 2014

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City to Examine Speedier Acquisitions in New Sandy Recovery Plan

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TWC News: City to Examine Speedier Acquisitions in New Sandy Recovery Plan
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Mayor Bill de Blasio on Monday announced a new committee will now focus on the city's Sandy recovery efforts citywide.

Joined by officials on Staten Island, the mayor acknowledged many New Yorkers have plenty of reasons to be frustrated by the pace of rebuilding efforts since the devastating storm.

Staten Island Borough President James Oddo urged the mayor to consider a program known as "acquistion for redevelopment."

The plan would allow the city to buy back whole sections of land to redevelop at once, rather than buy homes one by one.

"When Council member Vinnie Ignizio and I went down to New Orleans in January, we brought back a lesson learned. And that is acquiring property so that we can redevelop it over time and redevelop it smartly. And that's one of the things that I think we are leaving with the mayor, that there is an opportunity for us to transform communities and transform lives," Oddo said.

The mayor says he expects to unveil the new plan in the coming weeks.

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