State and local public authorities reported debt outstanding totaling more than $329 billion in their most recently reported fiscal years, an increase of 23% ($61.5 billion) since 2017, according to a report released today by State Comptroller Thomas P. DiNapoli. [Read more…] about NYS Public Authorities Debt Has Ballooned to $329 Billion
Empire State Development Corporation
Under Threat: The Penn Station Neighborhood in Manhattan
New York State’s Empire State Development Corporation’s proposed Pennsylvania Station Civic and Land Use Project (the “Penn Area Plan”) would demolish multiple blocks of historic buildings in the vicinity of Penn Station in Manhattan.
All told, over 40 historic buildings and structures stand to be lost while displacing thousands of residents and businesses. [Read more…] about Under Threat: The Penn Station Neighborhood in Manhattan
Under Threat: Willard State Hospital at Seneca Lake
Willard State Hospital in Romulus, Seneca County, NY has defined the physical landscape and cultural environment of its rural corner of the Finger Lakes region for nearly 175 years. The hospital complex was the largest of its kind in the 1870s, with dozens of buildings, open space, and working farms.
Once comprising over 1,000 acres, its current size is about 400 acres including a mile of Seneca Lake shoreline and an institutional cemetery containing approximately 6,000 burials. Despite the loss of several architecturally important buildings, about 70 buildings still stand today. [Read more…] about Under Threat: Willard State Hospital at Seneca Lake
Museum Study Act Passes State Legislature, Awaits Governor’s Signature
The New York State Legislature passed A.9710/S.8934 “An act in relation to conducting a study of public and private museums in New York state,” unanimously in the Assembly on May 24th and in the Senate on June 2nd.
“This bill will make a difference to every museum in the state regardless of budget size, discipline, or location,” said Erika Sanger, Executive Director of the Museum Association of New York (MANY). The bill is headed to Governor Kathy Hochul’s desk and her signature would enable the act to take effect immediately. [Read more…] about Museum Study Act Passes State Legislature, Awaits Governor’s Signature