Streams

NYCHA Chairman Steps Down

Friday, November 21, 2008

The head of the city's sprawling public housing system is leaving to take another job. Tino Hernandez served as the Housing Authority's chairman for seven years and will soon lead a substance abuse program called Samaritan Village. His departure comes as public housing faces a $150-million budget gap, and the ...

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Education Department Outlines Budget Cuts

Friday, November 21, 2008

This afternoon a skeptical city Council Committee is hearing from education officials about how they plan to make hundreds of millions of dollars in cuts to city schools to plug the growing budget gap. WNYC's Bob Hennelly has more.

REPORTER: Deputy Chancellor Kathleen Grimm says the Education Department's spending reductions won't ...

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Broken Glass: Photographs of the South Bronx

Friday, November 21, 2008

In the early 80s, Ray Mortenson photographed the empty buildings that dominated landscape of the South Bronx. The images showed the social and economic devastation of the period. These photos are now on display at the Museum of the City of New York in a show called "Broken Glass." WNYC ...

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At NYC's Green Markets, Increased Use of Food Stamp Cards

Friday, November 21, 2008

The city's green markets have seen a surge in shoppers using food stamp debit cards. Council Speaker Christine Quinn says that's due a 2006 program that brought credit card style scanners to green markets.

QUINN: Low income folks now are using their food stamps to get access to and purchase high ...

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Department for the Aging Defends Modernization Plan

Friday, November 21, 2008

The City Council continues to hold budget hearings to hear about what different city agencies plan to do to reduce their spending.

But the city's Department for the Aging spent much of its testimony defending a proposal they say won't be a cut.

It's the planned "modernization" of senior centers that requires ...

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New York Red Bulls in Soccer Cup Final

Friday, November 21, 2008

The New York Red Bulls soccer team is in California getting ready to face the Columbus Crew on Sunday. It's the first time in history for both of these clubs to reach the Major League Soccer Cup final.

MLS spokesman Dan Courdemanche says that even though Columbus Crew is the clear ...

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NJ Gov Proposes Delayed Pension Payments for Towns

Friday, November 21, 2008

Gov. Corzine says he will seek a delay of some municipal pension contributions as a way to help local communities cope with the faltering economy.

Corzine says without help, the communities may have to cut services or boost property taxes, which are already the highest in the nation.

The proposal would affect ...

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Day Traders React to Market Volatility

Friday, November 21, 2008

Maybe you’re checking the stock market every day, a few times a day, or never … particularly in a week like this. Investors saw another bottom yesterday, when the Dow closed at its lowest level in six years. WNYC’s Lisa Chow went to an office filled with day traders … ...

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Treasury Pick Buoys Wall St., Citigroup Shares Dwindle

Friday, November 21, 2008

US stocks rallied today on word that president-elect Barack Obama has picked Tim Geitner, president of the Federal Reserve Bank of New York, to be treasury chief.

But more ominous signs from Citigroup are keeping the financial mood sour, certainly here in New York. Greg David, editorial director of Crains New ...

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Foreclosure Crisis Trickles Down: Report

Friday, November 21, 2008

A new report from New York State Comptroller Tom DiNapoli says the national foreclosure crisis is hitting every level of government. WNYC's Bob Hennelly has more.

REPORTER: Comptroller DiNapoli's analysis found that having tens of thousands of New Yorker's homes in foreclosure is putting downward pressure on property values across the ...

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Increased Fares, Un-Fair to Riders

Thursday, November 20, 2008

The MTA says it needs to get 23% more money from tollbooths and fare boxes to break even next year. That's on top of numerous service cuts.

The agency wants to raise express bus fares from $5.00 to $7.50. But it hasn't worked out details on other types of fares.

Gene Russianoff ...

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Dental Clinics Vs. Anti-Smoking Ads

Thursday, November 20, 2008

The City Council is fighting back over a proposal to eliminate dozens of public dental clinics for the poor, most of them based in schools.

In hearings today, Health Commissioner Doctor Thomas Frieden said the proposal was not as dire as it may sound, because the clinics serve a small number ...

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Mayor Aims to Curb Salt Intake

Thursday, November 20, 2008

First it was cigarettes. Then trans-fats. Now, Mayor Bloomberg is targeting salt shakers. Well, some of them. Speaking yesterday at a food policy conference presented by Manhattan Borough President Scott Stringer, the mayor said he and Health Commissioner Thomas Frieden are putting together a plan to reduce salt consumption and ...

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Jazz Legend Awarded at NYC Council

Thursday, November 20, 2008

One of New York's living jazz legends, Bill Lee, who's also the father of filmmaker Spike Lee, received a lifetime achievement award from the City Council for his contributions to the cultural life of the nation. The noted bassist and prolific composer says he's still hard at work making new ...

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Job Fair Offers Prospects and Training

Thursday, November 20, 2008

With the current economic crisis, job training fairs are getting popular for the unemployed or people looking to switch careers. As WNYC's Kathleen Horan reports, more than 200 people came out for a job fair in Coney Island yesterday.

REPORTER: Not that things were great in Coney Island before the recession. ...

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NYPD and Federal Law Enforcement Duel Over Surveillance

Thursday, November 20, 2008

Since the 9/11 attacks the NYPD and federal law enforcement have made progress collaborating on counter-terrorism efforts. But with the changing of the guard in Washington, old tensions between police Commissioner Ray Kelly and homeland security officials are are re-emerging. WNYC's Bob Hennelly reports.

REPORTER: Kelly and Attorney General Robert Mukasey ...

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The Parking Meter Broke. Now What?

Thursday, November 20, 2008

Parking is an obsession for New Yorkers for those who have cars and even for some who don't. The City Council passed a law yesterday that would ease restrictions on parking at a broken meter. Instead of just parking at the space for an hour, a driver can leave a ...

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Paying More & Getting Less

Thursday, November 20, 2008

Some of the highlights: fare and toll hikes of 23 percent, reductions in off-peak bus, subway and commuter train service, the elimination of the W and Z lines and the phasing out of 2,700 jobs. Sander, was almost apologetic during the presentation but he says he had no choice.

SANDER: These ...

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James Kwak's Financial Wrap

Thursday, November 20, 2008

Stocks dropped through the floor today as Democrats chose to delay action on bailing out the auto industry. The Dow sunk even further below 8,000, down 445 point to 7552, a 5.5 percent drop. The Nasdaq also fell more than 5 percent down 70 points to 1316. The S & ...

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Downtown Dance Theatre Expands

Thursday, November 20, 2008

The Baryshnikov Arts Center is expanding into a 299 seat theater it purchased right next to the space it currently occupies in Hell’s Kitchen.

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