On the steps of City Hall, New York City Comptroller John C. Liu spoke about Mayor Bloomberg's plans to sell numerous public Libraries in transactions structure to benefit real estate developers— not the public. Library usage is way up in New York City but real estate industry companies are looking to have these public assets transferred to them, seeking to replace them with luxury condominiums and hotels, shrinking the library system in the process. Especially considering the benefit libraries provide, libraries cost little to funds but the Bloomberg administration in its last term has been starving them of funds and this underfunding is now being cited as an excuse to deprive the public still further by selling its property.
Where is Bloomberg sidekick, AKA Speaker BloomQuinn in the issue?
video by Rafael Martínez Alequín