January 25, 2017
Despite "a backdrop of uncertainty," as he put it, Mayor de Blasio yesterday unveiled an $89.4 billion, 10-year capital plan that includes school construction, public housing repairs, paving roads, and a new NYPD training center. It also sets aside $384.2 million to renovate and rehabilitate aging, city-owned buildings. Commercial Observer tells us that the bulk of this allotment, $94.5 million, would go towards 345 Adams Street in Downtown Brooklyn. The 1920s office building is home to the Department of Finance, Department of Probation, Board of Elections, and Administration for Children’s Services. Others on the list are the Brooklyn Municipal Building ($39.1 million), 253 Broadway in lower Manhattan ($18.5 million), and the Manhattan Municipal Building ($16.7 million).
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