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THE FINANCE POWER

WELCOME HOME TO

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THE LEAST POWERFUL MAN IN NEW YORK CIT YANDSTATENY.COM

@CIT YANDSTATENY

September 30, 2019


OCTOBER 24, 2019 The procurement process continues to be a major source of business for private organizations in New York. Just last fiscal year, over $19 billion in contracts were available for procurement in New York City. However, successfully navigating the process remains difficult and out of reach for many organizations. The Government Procurement Conference will foster business partnerships between the city and state level government, prime contractors, and small, minority, service-disabled veteran-owned, and women-owned businesses. PANEL TOPICS WILL INCLUDE:

WHAT TO KNOW ABOUT DOING BUSINESS IN NEW YORK UNDERSTANDING GOVERNMENT REQUIREMENTS, RULES & CONTRACTS BEST PRACTICES FOR PROCUREMENT: MWBE’S AND SMALL BUSINESSES THE FUTURE OF COOPERATIVE PROCUREMENT: HOW EVERYONE CAN BENEFIT

FEATURED SPEAKERS DAN SYMON Director, New York City Mayor’s Office of Contract Services SEAN CARROLL, Chief Procurement Officer, New York State Office of General Services CHARLETTE HAMAMGIAN, Senior Executive Director of the Division of Contracts and Purchasing New York City Department of Education ASSEMBLYWOMAN RODNEYSE BICHOTTE, Chairwoman, Subcommittee on Oversight of MWBE COUNCILMAN BEN KALLOS, Chairman, Committee on Contracts MERSIDA IBRIC, Deputy CommissionerNew York City Office of Citywide Procurement STATE SEN. JAMES SANDERS JR., Chairman, Task Force of MWBEs GREGG BISHOP, Commissioner New York City Small Business Services TRYPHINA RAMSEY, MWBE Director, New York State Office of General Services COUNCILWOMAN HELEN ROSENTHAL, New York City Council RACHELMILLER, Associate Commissioner and Agency Chief Contracting Officer, New York City Administration for Children’s Services COUNCILMAN ROBERT E.CORNEGY JR., Chairman, Minority-and Women-Owned Business Enterprise Task Force RSVP at CityAndStateNY.com/Events For more information on programming and sponsorship opportunities, please contact Lissa Blake at lblake@cityandstateny.com

THANK YOU TO OUR SPONSORS


September 30, 2019

City & State New York

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CELESTE SLOMAN; HOWARD R. HOLLEM, MACLAUGHARIE, EDWARD MEYER/LOC

EDITOR’S NOTE

BEN ADLER Senior editor

NEW YORK CITY MAYOR Bill de Blasio’s short-lived presidential campaign spawned a thousand think pieces in national news outlets attempting to explain why he is unpopular, despite having delivered on his promises to create universal pre-K, end stop-and-frisk policing and build more affordable housing. The answer offered is always the same, that it’s about atmospherics: His personality isn’t likeable, and he seems more interested in raising his national profile than the nitty-gritty of running the city. But pundits seem to base these perceptions primarily on factors – like the mayor’s difficult relationship with the city’s two daily tabloids – that don’t necessarily matter to average New Yorkers. Instead, this week’s cover story says the mayor’s conundrum may be that he simply lacks the power to fulfill his mandate to redress economic and social inequality. De Blasio pulled off an upset victory in 2013 by identifying these problems, but the city does not have the authority under state law that it would need to significantly alter the distribution of income and opportunity. Arguably, only the federal government has the means to institute those kinds of changes, which makes de Blasio’s decision to run for president seem a bit less silly.

CONTENTS

RANKED-CHOICE VOTING … 8 New York tried it already – and it worked! BILL DE BLASIO … 12

Can the mayor actually do anything about inequality?

FINANCE POWER 50 … 20

The most influential leaders in finance

WINNERS & LOSERS … 38 Who was up and who was down last week


CityAndStateNY.com

September 30, 2019

time she said she would support an impeachment vote, even after House Judiciary Committee Chairman Jerrold Nadler had ostensibly already begun an impeachment inquiry. The whistleblower complaint also propelled many more Democrats to come out in favor of impeachment proceedings.

MANHATTAN DA SUBPOENA OF TRUMP CONTINUES

TRUMP IMPEACHMENT

House Speaker Nancy Pelosi said the House would formally initiate impeachment proceedings against President Donald Trump in light of a new whistleblower complaint. It alleged that Trump, during a phone

conversation, tried to pressure the Ukranian president to investigate former Vice President Joe Biden, who is currently running for president. The complaint also said that the White House attempted to cover up the call after the fact. The announcement by Pelosi marks the first

As Trump tries to fend off allegations that he tried to recruit a foreign power to interfere in the 2020 presidential election, in New York City, his lawyers continued to fight against a subpoena from Manhattan District Attorney Cyrus Vance Jr. for his corporate and personal tax returns. Vance’s office claimed that Trump’s lawyers were attempting to invent a presidential tax return privilege to avoid handing over eight years of documents. Then,

REQUIEM FOR A FOOLISH DREAM Here lies New York City Mayor Bill de Blasio’s presidential campaign – a doomed four-month endeavor to wrest the Democratic nomination from more than a dozen other contenders. On Sept. 21, the New York Post memorialized the mayor’s White House bid with a striking obituary on its cover, remarking that the campaign “died doing what it loved best – being as far away from New York City as possible.”

“They say 90% of life is showing up. Well, 100% of being an elected official is showing up.” – New York City Council Speaker Corey Johnson, on Mayor Bill de Blasio’s absence from the city during his failed presidential campaign, via the Daily News

“We have 829 days – hell of a long time.” – New York City Mayor Bill de Blasio, reminding his staff that he still has over half his term left after returning from his failed presidential bid, via The Wall Street Journal

federal prosecutors said they were considering getting involved in the lawsuit filed by Trump over the case that argued he can’t be criminally investigated while still in office. Ultimately, a judge gave federal prosecutors until Monday to decide and issued a one-day injunction.

DE BLASIO BACKTRACKS ON SPECIALIZED SCHOOLS

New York City Mayor Bill de Blasio is back in town and after giving a pep rally to his staff – reminding them that they still have more than two years left to get things done – decided to take a softer stance on the Specialized High School Admissions Test. In a meeting with community and ethnic news outlets, the mayor admitted that his attempt to eliminate the test outright was “not effective,” something his administration has to “come to grips with.” And while he held firm in his belief that his way is still the best way, he said there could be a way to keep the test and that he plans to start over. This is the first time that de Blasio has given any indication that he might take a different approach to diversifying the city’s elite public schools after his original plan was met with intense backlash.

EVAN EL-AMIN; LEV RADIN; CJ HANEVY, WEBERJAKE, VAGONPHOTO/SHUTTERSTOCK; MIKE GROLL/OFFICE OF THE GOVERNOR

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September 30, 2019

MTA CAPITAL PLAN PASSES

The Metropolitan Transportation Authority board voted to approve the agency’s massive $51.5 billion five-year capital plan – its largest ever – less than a week after the proposal was released in its entirety. Although the vote was unanimous, the hourslong meeting was still contentious. Transit union members wore shirts that read “gentrify my paycheck” and hinted at a possible strike. Board members decried the lack of transparency surrounding the plan and its conception. Even Patrick Foye, the MTA’s chairman and CEO, admitted that the plan “came together late” while touting its positives.

City & State New York

PARTIAL RESOLUTION IN STATE FIGHT WITH SENECA NATION

The Seneca Nation of Indians and the state Thruway Authority have finally reached an agreement to fix a crumbling section of Interstate 90 that runs through Seneca territory after a five-year fight. The disagreement did not necessarily revolve around getting the highway fixed, but rather over the tribe’s refusal to pay casino revenue to the state. The Senecas say their agreement to pay the state had expired. The dispute, which remains ongoing, had spilled over to the repairs that Thruway needed to make, which required the tribe’s approval.

Andrew Cuomo is single and ready to mingle … so we made him a dating profile.

New York power couple Gov. Andrew Cuomo and TV chef Sandra Lee have split, much to no one’s surprise. After months of speculation about whether or not Cuomo and Lee were still together – after they put their house on the market and Cuomo was spotted spending more time alone in Albany – they confirmed their separation, after 14 years together, in a joint statement released Wednesday evening.

“Over the recent past, we have realized that our lives have gone in different directions and our romantic relationship has turned into a deep friendship,” it read. Just because we weren’t surprised doesn’t mean we don’t feel sorry for ol’ Cuomo – we’re not made of stone, after all. So we decided to make him a dating profile to help him get back in the game. - Amanda Luz Henning Santiago

Andrew “the Government” Cuomo, 61 Albany, New York

Governor of New York

Interests: Billy Joel, parades, fishing, yelling, looking at things, riding around town in my refurbished classic cars – and if you play your cards right, I might just take you for a spin – and my trusty dog Captain. A Queens boy at heart, I now live in Albany, where I help run the great state of New York as its very progressive governor. But really, I’m just a laid back, cool dude, who is always in a loose mood. Looking for a leggy, moderately famous blonde who likes to travel (around New York, specifically) and doesn’t mind a man with a busy schedule. I just got out of a long-term relationship, so I’m not looking for anything serious at the moment, but I’m not ruling anything out ;)

THE

WEEK AHEAD

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WEDNESDAY 10/2

THURSDAY 10/3

FRIDAY 10/4

State Sen. Brian Kavanagh and New York City HPD Commissioner Louise Carroll participate in a Crain’s forum on housing, New York Athletic Club, 180 Central Park S., Manhattan.

Tech and saving lives will be discussed at City & State’s Health Innovation Summit at the Museum of Jewish Heritage in Manhattan. NYC Health + Hospitals CEO Mitchell Katz keynotes.

Vape ’em if you got ’em – New York’s ban on flavored electronic cigarettes goes into effect. Retailers that violate the ban will face fines up to $2,000.

INSIDE DOPE

Smoke shop owners are furious, but Gov. Andrew Cuomo said his executive action was in response to a health crisis after federal officials reported an increase in vapingrelated lung illnesses.


CityAndStateNY.com

THE JUNIOR/SENIOR TAG TEAMS OF NEW YORK POLITICS

September 30, 2019

BY ZACH WILLIAMS

THERE HAS BEEN no shortage of political dynasties in a state led by King Cuomo II, nor a lack of political insiders who share the same names as their peers, whether they go by Charles Barron, Bill O’Reilly or Pat Lynch. But only a few in the Empire State have brought a namesake of their own into the family business. Here is the ultimate list of New York officials who have relatives with the same names in politics.

JOSEPH ADDABBO

The state senator hasn’t followed his dad into the halls of Congress, but he’s looking out for many of the same constituents in Southeast Queens. The nephew of Joseph Addabbo Jr. – also named Joe Addabbo, but with a different middle name – is an assistant district attorney in Queens.

RUBEN DIAZ

If Bronx Borough President Rubencito wants to be elected mayor in 2021, he’d better start praying that his papi, the New York City councilman and ordained Pentecostal minister, spends more time shopping for new cowboy hats – and less time telling everyone about his anti-gay views.

ROBERT F. KENNEDY

Senior tried to go all the way in politics by running for president in 1968. Junior has stuck to the courtroom. While the elder’s advocacy for civil rights and the younger’s work on environmental issues were well received, RFK Jr.’s anti-vaxxer efforts have undermined the good name of America’s second-favorite Kennedy father-son duo.

JOSÉ SERRANO

The retiring Bronx congressman and his son, a state lawmaker, share first and last names – but not a middle name (it’s Rep. José E. Serrano and state Sen. José M. Serrano). However, they do have the rare distinction for a father-son pair to be serving in office at the same time.

DONALD TRUMP

If you worried that things are going to be too boring when the time comes for the Donald to vacate 1600 Pennsylvania Ave., don’t worry! There’s been a lot of buzz recently about a Trump dynasty … and Don Jr. has been reportedly mulling a run for mayor of New York City.

CYRUS VANCE

Senior became a committee aide at the behest of thenU.S. Sen. Lyndon Johnson before serving in the executive branch under three presidents, including a stint as secretary of state. Junior is the Manhattan district attorney, but his present political troubles suggest that’s probably as far as he’s going to go in politics.

U.S. GOVT. PRINTING OFFICE; ALI GARBER; U.S. NEWS & WORLD REPORT/LOC; U.S. HOUSE; FREDERIC LEGRAND - COMEO, KATHY HUTCHINS, MADHURAM PALIWAL, DEBBY WONG/SHUTTERSTOCK; U.S. DEPT. OF STATE; STATE SENATE; EMIL COHEN/NEW YORK CITY COUNCIL

LIKE FATHER LIKE SON 6


September 30, 2019

City & State New York

We’re not trying to say change the Constitution. There’s definitely no reason why AK-47s should be in a community of regular people.

A Q&A with Latin pop star

PRINCE ROYCE There are a lot of worthy causes. Why are you involved with ending gun violence? I grew up in (NYCHA’s) Patterson projects, across the street from the Bronx Academy of Letters. Growing up, you hear gunshots all the time at night. And you’re always afraid of getting robbed or being shot at. You hear the stories of a stray bullet hitting you. I thankfully haven’t directly been affected by gun violence. I had an uncle of mine that died by a gun in the Dominican Republic. I know what the kids feel like, and I know as a celebrity, I can have a bigger voice. I try to get involved with things that

can help motivate the youth and help promote peace. I think nowadays, bullying is just so much stronger than before, for whatever reason. People are hurting in our communities, and we’ve got to try to find the root of that. People get the misconception that it’s like, let’s take guns away. We’re not trying to say change the Constitution. I think it should be controlled. There’s definitely no reason why AK-47s should be in a community of regular people. Do you still have connections at the Patterson Houses?

I go back! I have a lot of friends that still go there, and I think things are pretty much the same or worse, maybe. No improvement at NYCHA? No, definitely no improvement. And it starts with the youth. One of the things we talked about in the roundtable is maybe getting some more psychiatrists or social workers to help these kids. And also social workers that are happy to be there! We know how the system could always be so corrupted, whether

at school or anywhere else. We want to make sure we’ve got teachers in there that want to help these kids out, that are happy with their pay as well. If there’s a problem that a kid’s going through, they could really talk to somebody. You’re a Bronx native. Bronx Borough President Ruben Diaz Jr. is running for mayor – Ruben Diaz! You know, we’ve worked with him a few times. Hopefully he can do it. He’s someone that cares. He’s also a Bronx native, so best of luck to him. Is the city overdue for a Latino mayor? Why not! I think the city is overdue for so many

Our Perspective Car Wash Bill Will Protect Workers From Injustices

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By Stuart Appelbaum, President, Retail, Wholesale and Department Store Union, RWDSU, UFCW Twitter: @sappelbaum

he Car Wash Bill 2019, which would end subminimum wages and help eliminate wage theft for thousands of downstate New York car wash workers, was passed by the New York State Senate and Assembly in June. With car wash workers downstate still being underpaid and still vulnerable to potential wage theft, it is crucial that this bill becomes law as soon as possible. Labor activists, progressive elected officials, and workers aren’t the only ones who support car wash workers in their fight for better jobs and fair pay. In 2015, none other than Pope Francis met with car wash workers in Harlem to show his support, bringing worldwide attention to a mostly-immigrant group of hardworking people who struggle to put food on their

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families’ tables due to underpayment and exploitation. Numerous New York elected officials including New York City’s mayor, New York City Council members and state officials have stood with car wash workers. And, last year, during a public teleconference town hall, Governor Cuomo acknowledged that tip credit can even be used as a vehicle for wage theft, with disreputable business owners stealing tips and violating minimum wage laws. Governor Cuomo was right about how the current system shortchanges workers. The so-called “tip credit” that allows employers downstate to pay car wash workers below minimum wage based upon the idea that customers will make up the difference in tips. But in reality, this often results in workers taking home below

different kinds of things. What Obama did, I think, was historic. I think it motivated so many people to be like, “Hey, I could be president too. I could be mayor too.” So definitely good luck to him. I’d love to see him out there. Your fellow Bronxite Cardi B is behind U.S. Sen. Bernie Sanders. Do you have a presidential candidate yet? Not yet! I think a lot of people love Bernie. What Bernie’s done in the past, we’ve seen his passion. We’ve seen how he’s always worked for the people. We’ll see how the election goes when it gets closer.

minimum wage, due to lack of tips, employers dipping into the tip jar, and a confusing web of 8 different possible subminimum wages in New York. That confusion often provides employers with an outrageous license to steal, and even well-meaning employers have sometimes run afoul of the law due to its complicated nature. Tip credit can even be used as a vehicle for wage theft, with disreputable business owners stealing tips and violating minimum wage laws.

Banning the so-called “tip credit” in the car wash industry downstate would help lift up 5,000 mostly immigrant car wash workers in New York. We applaud the actions of the state legislature this past summer to end this injustice, and we urge Governor Cuomo to sign the Car Wash Bill into law to protect car wash workers and their families from wage theft and underpayment.

www.rwdsu.org



September 30, 2019

City & State New York

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A HISTORY LESSON IN

BREAKING MACHINES In the 1930s, New York City adopted ranked-choice voting. And suddenly, city government reflected the will of the people. by B E N B R A C H F E L D

EVERETT HISTORICAL/SHUTTERSTOCK

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EW YORKERS WEIGHING November’s referendum on adopting ranked-choice voting can look back 80 years to when city residents adopted a different electoral reform, proportional representation, and see how it affected election results. The measure reduced the power of the Democratic Party’s machine at the time, and it’s likely that ranked-choice voting, also known as instant-runoff voting, would have the same effect. In the wake of a scandal involving widespread collusion between the NYPD and elected judges, with judicial decisions being fixed, Judge Samuel Seabury was appointed in 1930 to investigate corruption in city government, according to a 2017 report by FairVote. The investigation uncovered widespread corruption under Tammany Hall, the political machine at the time. Seabury concluded that the lack of competition in the city’s elections was a significant factor in how Tammany had become a machine, and recommended switching to a multimember district, single transferable vote system, which combines rankedchoice voting with large, multimember constituencies to achieve nearly proportional representation in a legislature. The investigations led to the 1932 resignation of Democratic Mayor Jimmy Walker and the victory of reformer Fiorello La Guardia on the Republican and City Fusion ticket. La Guardia, a supporter of proportional representation, empaneled a charter revision commission in 1935 that recommended adopting the system. Virtually everyone except Tammany was in support. Republicans, good-government groups like Citizens Union and The New York Times all endorsed the measure. In the November 1936 election, New York City voted, by a nearly 2-to-1 margin, to abolish the Board of Aldermen and replace it with the

City Council, which would use proportional representation. Instead of running within single-member constituencies, the seats were at-large for each borough, and voters chose multiple candidates. The number of seats allocated to each borough was determined by the number of valid votes cast within the borough. For every 75,000 votes cast in a borough, a seat was allocated, causing the body to have a number of members that fluctuated between 17 in 1943 and 26 in 1937 and 1941, according to Drexel University professor Jack Santucci. Any candidate who won more than 75,000 votes was elected to the council. For candidates that did not reach

“ONE-PARTY MONOPOLIES ARE MORE IN LINE WITH THE DICTATORSHIPS OF EUROPE THAN WITH AMERICAN DEMOCRACY.” – GEORGE HALLETT OF CITIZENS UNION, IN 1947

the 75,000-vote threshold, a series of calculations would determine voters’ ranked preferences to fill the remaining seats. The result was immediate: In the 1937 City Council elections, the Democrats’ supermajority collapsed. In 1935, Democrats won 66% of the votes in Board of Aldermen races, capturing 62 out of the body’s 65 seats. Republicans received 26% of the citywide vote but only won three seats. In 1937, Democrats won just half of the seats. The beneficiaries were not solely Repub-

licans: The union-backed American Labor Party, which provided a New Deal-supporting home for workers disillusioned with Tammany, won a fifth of the council seats, proportional to its share of the citywide vote. Also joining the council were independents, anti-Tammany Insurgent Democrats, and City Fusion candidates. Together with a new rule requiring a supermajority to send items to the Board of Estimate, the new parties formed a solid bloc to check the power of Tammany. “With the way that the rules were set up, you actually needed a two-thirds supermajority to do anything of consequence,” said Santucci, whose research focuses on the history of proportional representation in America. The new council much more faithfully represented the ideological diversity of the city, with parties winning approximately the same proportion of seats as they had total citywide votes. And unlike in the aldermanic days, when party candidates were hand-picked by local political bosses, anyone with 2,000 petition signatures could get on the boroughwide ballot under any party line they wanted, breaking Tammany’s grip on the City Council, according to FairVote. “One-party monopolies are more in line with the dictatorships of Europe than with American democracy,” said George Hallett of Citizens Union, a major supporter of proportional representation, in a 1947 debate on WNYC with onetime state Sen. Abraham Kaplan on whether to abolish the voting system. “We like to see an opposition to keep the majority on its toes, and to bring out the issues of all problems as they come up.” The new council also demonstrated far greater independence from the established organs of political power than under the Board of Aldermen. The Board of Aldermen typically were a do-nothing group that passed little of substance,


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CityAndStateNY.com

September 30, 2019

Mayor Fiorello La Guardia, who won on the Republican and City Fusion ticket, helped usher in proportional representation. In 1936, the city voted by a nearly 2-to-1 margin to abolish the Board of Aldermen and replace it with a City Council, which used proportional representation and weakened Tammany Hall’s grip on New York City politics.

deferring real power to the Board of Estimate, which was responsible for land use and budgetary policy, according to George McCaffrey’s 1939 paper “Municipal Affairs: Proportional Representation in New York City.” Under proportional representation, the City Council was highly productive. In particular, it passed numerous laws related to housing: It passed the Vladeck Housing Law – creating the city’s first subsidized housing program, albeit via “slum clearance” and with income requirements that excluded low-income residents, since public housing was initially set up for middle-class white residents – as well as a rent control bill in 1947 to counteract a weakening of rent regulations by Congress, according to Frederick Shaw in his 1954 book “The History of the New York City Legislature.” Seabury referred to the 1946-49 session, which saw the highest productivity of the proportional representation sessions under a unified Democratic Board of Estimate and City Council (with the addition of minor-party allies), “the best legislature we have had so far.” The new City Council, with its diverse partisan makeup, led to increased productivity and increased drama, and fostered greater civic engagement in municipal affairs among the city’s populace. Shaw noted that City Council meetings were broadcast over the radio and reached audiences of up to 750,000 people. And sleepy hearings on boring, arcane topics made way for vigorous debate on important is-

A FAIRER SYSTEM 1935

1937

DEMOCRATS: Won 66% of citywide votes ... and 95% of seats

DEMOCRATS: Won 47% of citywide votes ... and 50% of seats

REPUBLICANS: Won 26% of citywide votes ... and 5% of seats

REPUBLICANS: Won 8.5% of citywide votes ... and 11.5% of seats

BEFORE PROPORTIONAL REPRESENTATION

AFTER PROPORTIONAL REPRESENTATION

AMERICAN LABOR PARTY: Won 21% of citywide votes ... and 19% of seats INDEPENDENT DEMOCRATS: Won 7% of citywide votes ... and 8% of seats CITY FUSION: Won 10.5% of citywide votes ... and 11.5% of seats

sues of the day. “In place of countless permits for street stands and designation of individual play streets, (the City Council) became interested in citywide issues, such as housing, regulation of consumer commodities and civil service reform,” Shaw wrote. “The general police power was

employed more vigorously, and greater interest was displayed in reforming the city government.” The system’s opponents, mainly but not exclusively from Tammany, drew up several arguments in an attempt to restore the old order: that proportional representation


September 30, 2019

City & State New York

to restore the old system. At the 1938 state constitutional convention, delegates introduced an amendment to ban proportional representation systems in municipal elections statewide. (Yonkers also had a version of the system at the time, as did many

“PROPORTIONAL REPRESENTATION IS … FOREIGN TO OUR AMERICAN TWO-PARTY SYSTEM AND SHOULD BE ABOLISHED. (IT) INVITES RACIAL GROUPS, LANGUAGE GROUPS, RADICAL GROUPS TO INTENSIFY THEIR DIFFERENCES BY BRINGING THEM INTO POLITICAL ACTION.”

HARRIS & EWING/LIBRARY OF CONGRESS

– ONETIME STATE SEN. ABRAHAM KAPLAN, IN 1947

would cause gridlock by introducing too many competing factions, and that the system was confusing to voters. “Proportional representation is un-American, undemocratic, cumbersome, expensive and foreign to our American two-party system and should be abolished,” Kaplan said in the WNYC debate. Kaplan made not only process arguments against proportional representation but also inflammatory, prejudiced arguments as well. “Proportional representation invites racial groups, language groups, radical groups to intensify their differences by bringing them into political action,” he said. “The wise majority system of election invites them to forget these distracting prejudices while joining in the task of selecting capable men to look after the interest which they have in common.” Opponents made several abortive efforts

other cities in the nation, including Cleveland and Cincinnati.) The state roundly rejected the amendment at the ballot box, by a margin of 2-to-1, according to the 1948 paper “The Repeal of P.R. In New York City – Ten Years In Retrospect” by Brooklyn College’s Belle Zeller and the University of Washington’s Hugh Bone. In 1940, a referendum on a city charter amendment to abolish proportional representation was rejected by New York City voters as well, though by a smaller margin of 58% to 42%, also according to Zeller and Bone. But in 1947, opponents were successful in abolishing the system. At the time, two Communist Party members were serving on the City Council: Peter Cacchione of Brooklyn (first elected in 1941) and Benjamin Davis of Harlem (first elected in 1943). Cacchione and Davis, along with the Bronx’s Mike Quill, who was concurrently serving as a council member and as the president of the Transport Workers Union at the time, formed a left-wing bloc on the City Council. They were easy targets for anti-Communist fervor, and soon Republicans and the press joined with Democrats to support abolishing proportional representation, which had enabled the election of Communist Party members. “People made a really big deal about the communists in order to get voters to support repeal, but they had other motives,” Santucci said.

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In the WNYC debate, Hallett said the opposition’s scare tactics were a veil for a more simple desire to return to dominance in elected government. “The chief real reason for the attack, I think, is clear,” Hallett said. “And that is that the Democratic leaders begrudge the large share of the council they have regularly lost to minority parties and independents under (proportional representation).” New York City voters reversed their previous position in a 1947 referendum, voting by a nearly 3-to-1 margin in favor of returning to single-member council districts. In the 1949 election, the first after the end of proportional representation, Democrats won 24 out of 25 seats on the council with just 53% of votes citywide. Nonetheless, proportional representation had a significant effect on the city’s political institutions. Tammany’s resurgence was short-lived, and its grip on the city’s Democratic Party would vanish in the 1960s. The City Council did not return to the do-nothing, toothless days of the Board of Aldermen, but instead retained its role as a more independent legislative body, conducting oversight hearings and passing substantive legislation. But the New York City Council today is comprised of 48 Democrats and three Republicans, despite Democrats having won about 75% of the vote citywide. Third parties are historically weak, and despite having weathered significant defeats in recent years, the city’s elections remain heavily influenced by party machinery: endorsements by Democratic clubs are highly sought after by politicians, incumbents often resign after petition deadlines in order to place a hand-picked successor on the ballot and county party organizations have historically played a heavy role in the selection of the City Council speaker. It’s unclear how much ranked-choice voting could alter New York City politics, especially when its confined to primaries and special elections. Much of the support within political circles comes down to the savings from not having costly runoff elections, but there is ample reason to believe that the reform could make the City Council – a body where a failed floor vote is exceedingly rare – more ideologically diverse, potentially benefiting centrists and those on the fringes. “Ranked-choice voting has the potential to moderate candidates’ positions on policies as they appeal to a broader spectrum of primary voters,” Alex Camarda, senior policy adviser at Reinvent Albany, wrote in an email. “At the same time, it allows nontraditional candidates to compete without being dismissed as spoilers.”

Ben Brachfeld is a freelance reporter based in Brooklyn. His work has also appeared in Gotham Gazette, Gothamist and Bklyner.


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CityAndStateNY.com

September 30, 2019

THE

LEAST POWERFUL

MAN IN NEW YORK by B E N A D L E R

BILL DE BLASIO PROMISED TO END INEQUALITY. HE DIDN’T. BUT A MAYOR NEVER COULD.


September 30, 2019

City & State New York

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NEW YORK CITY MAYOR

BILL DE BLASIO’S

ABORTIVE

PRESIDENTIAL CAMPAIGN

DIDN’T ACHIEVE MUCH,

BUTATLEASTITDIDN’TLASTLONG–

STEVE EDREFF/SHUTTERSTOCK

ONLY FOUR MONTHS. He jumped into the race relatively late, and having failed to qualify for the Sept. 12 debate that included such heavy hitters as the mayor of Indiana’s fourth-largest city and a businessman literally handing out campaign money, he bailed out before being embarrassed again. De Blasio’s anemic performance nationally came as no surprise to New Yorkers, as it is consistent with his underwhelming popularity at home. A Quinnipiac University poll in April found de Blasio’s citywide job approval rating was 42% positive and 44% negative, with a wide racial gap: only 31% approval among whites versus 66% among African Americans and 40% among Latinos. Conventional wisdom holds that de Blasio’s unpopularity is due to his political aura: a grating personality, a tendency to be late for events, poor press relations and confounding habits like commuting by SUV to his faraway gym. Vox recently summarized de Blasio’s deficiency as “one of style,” because he “can come off as ... arrogant, stubborn and preachy” and “has a fractious relationship with the New York press.” But de Blasio’s immediate predecessors as mayor, Michael Bloomberg and Rudy Giuliani, were even more imperious and combative. Rather than being seen as ineffectual, they were considered ruthlessly proficient, much like the current governor

who often torments de Blasio. The strange thing about it all is that de Blasio’s mayoralty actually has been largely successful. He has pulled back on intrusive policing and crime has stayed at historic lows. He has added new worker protections and the local economy has soared. High school graduation rates are inching up and prekindergarten is now universal. While he’s had some close calls on ethics and fundraising, he’s so far escaped unscathed, although his presidential campaign may leave him with fresh legal questions about his management of political action committee funds. Being testy in interviews might matter to the chattering class, but it’s hard to imagine that it has caused working-class New Yorkers to turn against a mayor they overwhelmingly elected twice. So here’s a different explanation: When it comes to his core promise of reducing inequality and unaffordability, de Blasio is seen as unsuccessful because he has been unsuccessful. In 2013, when de Blasio ran for mayor complaining of the “tale of two cities,” a household at the city’s 80th percentile of income earned 6.2 times what a household at the 20th percentile did. In 2017, the last year for which data was available, that inequality ratio had risen to 6.7 times, according to the NYU Furman Center’s analysis of American Communi-

ty Survey data. In September, the Manhattan Institute noted that the city’s Gini coefficient – the most widely used measure of income inequality – had also increased slightly during de Blasio’s tenure. In the 2013 Democratic mayoral primary, de Blasio upset former New York City Comptroller Bill Thompson and then-City Council Speaker Christine Quinn by articulating the widespread dissatisfaction with the growing gap between the haves and have-nots, and the financial pressure that was putting on even middle-class New Yorkers. It was the right decision politically, but a recipe for a disappointed electorate at the end of his tenure. “He put his finger on the key signature issue in the city and it’s not going away,” said Eli Dvorkin, editorial and policy director at the Center for an Urban Future, a think tank focused on enhancing economic mobility in New York City. “What he ran on twice – the tale of two cities – his successors are going to grapple with too. It’s emblematic both of his political acumen and where he’s perhaps fallen short.” The reason, though, has nothing to do with the time he’s wasted on long commutes to the gym, his campaign stops in Iowa or any of the other foibles for which he’s frequently lambasted on Twitter. It’s because no mayor can fix the economic and


De Blasio, on one of his countless trips to Albany to plead his case before state lawmakers, asks permission to tax high earners to pay for universal pre-K in 2014. His request was denied.

educational inequality and chronic housing shortage that plagues the New York City region. The city government lacks the power to take money from rich people and give it to or spend it on the poor, to dictate where suburbanites or private-school parents send their kids to school, or to force localities across the region to provide their fair share of affordable housing. The city cannot raise taxes without the state government’s approval, and it therefore cannot raise the funds to, for instance, embark on constructing the 181,000 units of new public housing that would be needed to house everyone on the system’s waiting list. Indeed, the city can’t even raise the revenue necessary to properly maintain its current public housing stock. “If you’re measuring inequality by the Gini coefficient, you’d have a hard time as mayor no matter who you were,” said New York City Councilman Brad Lander, a progressive Democrat who represents de Blasio’s former Brooklyn district. “New York City can’t set its own minimum wage or

reform its own rent laws, those being two things that the mayor was advocating for before the governor, but the city just isn’t the crucial player on them.” Just as importantly, City Hall has no power over the suburbs, where a majority of the region’s residents live. Many of those suburban towns are not even in New York state. And inequality is a challenge that pervades the whole metropolitan area. In 2017, rising inequality in the New York City region caused it to pass Miami and become the second-most unequal region in the country. (No. 1 is Bridgeport-Stamford in Connecticut, a nearby satellite of New York City.) A 2018 study found that New York is the most economically unequal state in the nation. Even on the policies the city does control, such as where children in the city’s public schools are sent, the risk that affluent parents will flee to those suburbs constrains the city’s power – in practice, if not by law. This threat is not merely implicit. In September, when de Blasio expressed

openness on WNYC to getting rid of the gifted and talented programs that disproportionately admit wealthy children and white children, an irate Upper West Side mother called in to threaten to leave town if he went through with it. “If my son had not tested well, I would be living in New Jersey,” the caller said. If de Blasio is to blame for his predicament, it isn’t for his failure to close the yawning gap between rich and poor, but for ever pretending that he could. “Inequality is a national issue that no mayor can do anything about,” said Ester Fuchs, a public affairs professor at Columbia University who served as an adviser to then-Mayor Michael Bloomberg. “The thing I would criticize de Blasio about is he put it out there as his main issue.”

C

ITY HALL DISPUTES the premise that de Blasio hasn’t eased inequality, or at least its effects. “In 2013, the mayor identified an urgent


ROB BENNETT/MAYORAL PHOTOGRAPHY OFFICE

City & State New York

issue plaguing New Yorkers and he’s fought every day since to build a fairer city,” de Blasio spokeswoman Freddi Goldstein said in a statement. “You can see that in the faces of parents dropping their 3- and 4-yearolds off for their first day of school; in the faces of residents unlocking the doors of their new affordable homes; and in the faces of our high school seniors who are graduating in record numbers. We’re creating lasting change that will pay off for New Yorkers for years to come.” Still, an unflattering New York Times Magazine profile of de Blasio recently listed the city’s ongoing troubles, framing them as the downside of the mayor’s record: “a homelessness problem bad enough that roughly one child in 10 in New York public schools has no permanent address; a public-housing system so broken that a federal monitor was recently installed; a school system that remains among the nation’s most segregated.” De Blasio can be faulted for poor decisions or managerial failures that have worsened these and other hardships, especially with regard to the New York City Housing Authority, which manages the city’s public housing. But no mayor can fully address the region’s affordable housing shortage and integrate the school system, which would require money the city does not have and pushing policy levers that are out of reach. Even many nonspending decisions are in the state’s hands, making it impossible for the mayor to enact, for example, key parts of his school integration agenda. Take de Blasio’s proposal to revamp the admission process to the city’s specialized high schools, all but one of which depend on a standardized test that has left black and Latino students shockingly underrepresented at the city’s most prestigious public high schools. Replacing the test requires approval from the state

Legislature, which has shown little inclination to pass such a bill. Sure, the mayor could have worked with stakeholders to develop a compromise proposal that would have triggered less backlash and stood a better chance of passing in Albany, and he could have rolled out the idea with more savvy – such as by first consulting with the city’s Asian American community, many of whom felt blindsided. But the power to determine admission to city schools is being controlled from Albany, by legislators who do not all hail from the five boroughs. Last week, de Blasio admitted defeat, saying, “our plan didn’t work.” The state could simply renounce its micromanagement of such matters. It only even took control of the specialized high school admission process with a law

15

taxes on very high earners and wealthy out-of-towners. De Blasio’s “millionaires tax,” which would increase income taxes by just over half a percent on individuals making $500,000 per year, or couples making more than $1 million, has majority support in the New York City Council, but it has been declared a non-starter by Gov. Andrew Cuomo. The pied-à-terre tax, which would have imposed a surcharge on homes worth more than $5 million that are unoccupied for most of the year, was rejected by the state Legislature as impractical after a lobbying campaign by the real estate industry. De Blasio’s critics often cite his inability to get the city’s priorities passed in Albany. The New York Times Magazine identified as a central flaw in his tenure “the unnatural tension that has colored

IF DE BLASIO IS TO BLAME

FOR HIS PREDICAMENT, IT ISN’T FOR HIS FAILURE TO CLOSE

THE YAWNING GAP BETWEEN RICH AND POOR,

BUT FOR EVER

PRETENDING

THAT HE COULD. called Hecht-Calandra that the state Legislature passed in 1971 in order to fend off an earlier effort to diversify the schools. But letting the city set its own course on such a small matter is anathema to Albany’s power-hoarding ways. “Given my druthers, I’d say repeal Hecht-Calandra and be done with it,” said Assemblyman Michael Benedetto, who chairs the Education Committee, at a recent City & State event. “But it’s kind of nice to be wanted, isn’t it? People coming knocking on your doors and saying, ‘Help us out here, come up with a solution.’” Albany takes a similarly intrusive attitude toward the city’s wish to raise

de Blasio’s relationship with Gov. Andrew Cuomo.” But veterans of city and state government said the tension is entirely natural. Mayors and governors have opposing interests, with each competing over finite pools of money, media coverage and political power. “It’s important not to imagine this is something unique to de Blasio, or overly personalize it about the mayor and governor,” said Dall Forsythe, a former state budget director under Gov. Mario Cuomo. “As far as I can remember, which goes back to (Gov. Nelson) Rockefeller and (New York City Mayor John) Lindsay, governors and mayors have fought with each other. The


CityAndStateNY.com

reasons are obvious: New York City mayors tend to get more publicity, because of the nature of New York City media, but the governor has more power. So that has always rankled (governors). Where they share power, like the MTA, both are always trying to take credit for what goes right and blame the other one for what goes wrong.” The MTA and the declining quality of subway and bus service during his tenure has proved especially nettlesome to de Blasio, since it is the governor who de facto controls the agency, and the state can overrule the city on virtually any subject. Even if de Blasio is a poor negotiator – he made a deal with the federal government on NYCHA that accepted federal oversight but gained no additional federal funding, and he backed a congestion pricing plan that gives the state control over city streets – he doesn’t have much with which to negotiate. The de Blasio administration contends that he did get a good deal on congestion pricing, and perhaps in the context of his limited leverage, they aren’t wrong: “Congestion pricing included principles the mayor fought for – a guaranteed lockbox for New York City riders, fairness for the outer boroughs and exemptions for people experiencing hardships – and (a memorandum of understanding) with the MTA on implementation to ensure city interests are protected,” Goldstein said. Sympathetic state legislators said the mayor could have made a more sustained, timely and effective sales pitch for his priorities. (For example, with scrapping the specialized high school exam, he ini-

September 30, 2019

“THERE IS SOME INSTITUTIONAL GREED IN A WAY, WHERE

THE STATE THE CITY.”

DOESN’T WANT TO GIVE UP OR CEDE POWER TO

– STATE SEN. BRAD HOYLMAN

tially proposed it at the end of a busy legislative session.) But they also caution that the state starts from a premise of not wanting to let the city manage its own affairs and is reluctant to allow any tax increases. “Part of it is Albany’s fault not taking up these issues, and part of it is the city’s sales pitch not being very per-

THE POWERLESS City & State compiles a lot of power lists. But what about the powerless? New York has far too many examples of the voiceless and ignored, from seasonal farm laborers and prisoners making license plates to the folks spending their nights on the New York City subway or children attending failing schools. And then there are the people in our political world who seem like they might have power – but actually don’t? We haven’t forgotten about them.

suasive,” said state Sen. Brad Hoylman, a liberal from Manhattan. “Overall, there’s enormous resistance to raising taxes in Albany, as a starting point. And there’s this overcompensation to prevent New York City from managing its own financial affairs by limiting their ability to raise taxes and not supporting their calls

BY JEFF COLTIN

JUMAANE WILLIAMS

With de Blasio’s presidential campaign over, there’s even less of a job to do for the mayor-in-waiting at the New York City public advocate’s office.

JEFF BEZOS

The richest man in the world can’t even get an Amazon office complex built in New York? That’s rich!

BRIAN KOLB

The Assembly minority leader knows that Republicans haven’t controlled the chamber since 1974, and that’s not changing anytime soon.

CELESTE SLOMAN; LEV RADIN/SHUTTERSTOCK; ASSEMBLY

16


September 30, 2019

City & State New York

OFFICE OF NICK LANGWORTHY; NYC CCRB; ANDREW KIST; JON MCCARTEN/NEW YORK CITY COUNCIL

for a millionaires tax. I think there is some institutional greed in a way, where the state doesn’t want to give up or cede power to the city.”

N

EW YORK IS not the only city facing growing inequality, as unionized manufacturing jobs give way to robots and offshoring – and the benefits accrue to elites in finance and technology. Meanwhile, the federal government has reduced taxes on the rich, cut social spending and deregulated corporations. It makes sense that de Blasio wanted to be president because only the federal government has the power to really address what he considers New York City’s main problem. That’s why other cities with progressive electorates, extreme income disparities and high costs of living, including San Francisco, Seattle and Los Angeles, have proven similarly incapable of fixing inequality and its attendant miseries, such as homelessness. Even cities in countries with more redistributive national economic policies, such as Paris, London and Vancouver, struggle with inequality and its distorting effects on the housing market. In other countries, however, cities have some options that the de Blasio administration does not. Vancouver, for example, passed a vacancy tax on absentee owners, which helped reverse skyrocketing housing prices. In 2014, Paris instituted a plan to stop displacement in gentrifying neighborhoods – CityLab called it the most radical Europe had seen – that gives

KATHY HOCHUL

That’s a lot of travel for very little impact. And the Democrats’ dominance in the state Senate means the lieutenant governor will never have to be a tiebreaker.

NICK LANGWORTHY The new chairman of the New York GOP worked hard to take over a party still dazed by the “blue wave” that hasn’t won a statewide seat since “Friends” was on TV.

the city government a right of first refusal whenever a property goes up for sale. New York City doesn’t even have the authority to untangle its incoherent property tax structure. Big property tax reforms would have to pass the state Legislature – as would such modest proposals as a vacancy tax, which would penalize landlords in expensive districts for holding out for a national chain or luxury boutique capable of paying astronomical rents instead of settling for less from a modest independent retailer. De Blasio has called on Albany to pass a vacancy tax, to no avail. Historically, the most egregious example of Albany’s interference may be the 1999 repeal of the commuter tax, in which the state Legislature and thenGov. George Pataki took hundreds of millions of dollars from the city’s coffers by eliminating a small income tax on suburbanites who work in the city. “It’s the most painful example of the state making a decision that, to the city, seemed completely arbitrary and full of negative impacts,” Forsythe said.

17

F ONE MANIFESTATION of inequality has come to define New York City in the 21st century, it’s the astronomical cost of housing, which in turn has unleashed an epidemic of homelessness. When de Blasio took office, the homeless population was in the middle of a steep rise. It has finally leveled off at around 60,000 New Yorkers sleeping in the city’s shelters at any given time, the highest homelessness rate the city has seen since the Great Depression.

De Blasio referred to inequality as a “crisis” in his 2014 inaugural address, but homelessness didn’t pierce the widespread public consciousness until a few years later. Experts and advocates said de Blasio was slow to respond, and he waited too long to start building shelters and to begin undoing Bloomberg’s counterproductive decision to stop giving housing vouchers to families in homeless shelters. “He restarted the voucher system, but I don’t know why he didn’t do it right away,” said Quinn, the president and CEO of Win, which runs homeless shelters and supportive housing. “There was an initial moratorium on building shelters, but not building shelters doesn’t make the homeless go away.” Still, she credits him with launching an ambitious plan in 2017 to build new shelters – including in affluent neighborhoods, where resistance can be fierce. “I think the mayor deserves credit for the Turning the Tide plan,” Quinn said. “It was brave to stand up in an election year and say we’re going to build shelters in a diverse array of neighborhoods.” But actually solving homelessness requires building more apartments affordable to low-income New Yorkers, because the vast majority of homeless New Yorkers aren’t “street homeless,” they’re just people who can’t afford a home. The city’s shortage of affordable housing is getting worse. Last year, New York City Comptroller Scott Stringer reported that the city lost 425,492 apartments renting for $900 or less between 2005 and 2017. De Blasio campaigned on a promise to build more than 200,000 units of afford-

FRED DAVIE

RICHARD CARRANZA

I

The executive director of the New York City Civilian Complaint Review Board relies on the whims of the NYPD commissioner – and the results are rarely made public.

GALE BREWER

Everybody loves the Manhattan borough president, but the most she can do on land use is give suggestions. Now she reportedly wants to move back down to the City Council.

The New York City schools chancellor talks a big game about integration, but opponents aren’t budging an inch – and de Blasio isn’t helping.

LAURIE CUMBO

The New York City Council majority leader carries a lofty title, but doesn’t lead a thing – except reading from a script at meetings.


CityAndStateNY.com

able housing, which he has since raised to 300,000, and he is well on his way to doing so. The problem is that market-rate rents rose twice as fast as median wages between 2010 and 2017, and the proportion of housing that is affordable to New Yorkers dropped accordingly. That’s a reflection of a failure throughout the region, not just the five boroughs, to provide sufficient housing – especially at the lower end of the market. “It’s really one housing market in the metropolitan region,” said Moses Gates, vice president for housing and neighborhood planning at the Regional Plan Association, a research organization focused on the New York City tri-state area. “The citywide housing shortage is definitely a regionwide issue. When you’re talking in terms of the relationship of access to jobs and the ability to afford housing, it’s a problem that extends well beyond the city boundaries. And it’s a problem that everywhere is trending worse.” Even within the city, the inability to raise taxes on the rich to fund new affordable housing development led de Blasio to use the city’s power over zoning to try to close the affordable housing gap. By instituting the mandatory inclusion of affordable units in new developments in areas being upzoned or buildings getting a special permit for added density, he has spurred the construction of new affordable and market-rate apartments. But the mechanism is guaranteed to leave many of his supporters dissatisfied: upzoning is being blamed by activists for bringing real estate speculators to transitional neighborhoods, thus raising land values, while the affordable units created are often designated for renters making six-figures. The most useful portion of this critique is that, instead of asking Albany to include affordable housing mandates in tax breaks for new construction, he should have asked Albany to eliminate that program altogether and used the additional property tax revenue to construct affordable housing. Even that suggestion, though, is moot without a state government willing to enact such a change – which was unlikely when the real estate-backed Republicans controlled the state Senate. Likewise, the New York City Housing Authority’s $32 billion backlog of deferred maintenance is the product of decades of declining state and federal in-

September 30, 2019

De Blasio visits Albany in 2016 to ask the Legislature to extend mayoral control of New York City schools. State lawmakers only gave him one year, forcing him to make his case again in 2017.

“IT GOES BACK TO ROCKEFELLER

AND LINDSAY. NEW YORK CITY MAYORS TEND TO GET MORE PUBLICITY, BUT THE GOVERNOR HAS MORE POWER.

SO THAT HAS

ALWAYS

RANKLED (GOVERNORS).”

– DALL FORSYTHE, GOV. MARIO CUOMO’S STATE BUDGET DIRECTOR

DEMETRIUS FREEMAN/MAYORAL PHOTOGRAPHY OFFICE

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September 30, 2019

vestment. Repeated demonstrations of blatant incompetence at the authority – and a lack of oversight and accountability from City Hall – are to blame for some of its specific embarrassments, such as using expired dust wipes. But even the best management could not conjure tens of billions of dollars from thin air. Perhaps de Blasio’s stronger approval among African Americans might reflect, in part, the tendency among beleaguered black voters to hold more realistic expectations than white liberals.

T

HE MAYOR OF New York City oversees a massive $93 billion budget, and he has broader powers than most mayors. Some veterans of city government believe that means the office could significantly mitigate inequality. “Anything the City Council can do, the mayor could do on their own,” Quinn said. “Executive orders in the city of New York have the full breadth and depth of law.” While de Blasio cannot bring the top down, he has means of bringing the bottom up. “Poverty reduction, mayors can impact through workforce development,

City & State New York

improving public schools and creating a business environment in which (companies) can create jobs,” Fuchs said. “That creates economic opportunity. That’s what cities have the tools to do.” On that front, de Blasio has not only launched universal pre-K and universal free school lunch, he also has worked with the City Council to pass a suite of protections for workers, including expanding mandatory paid sick leave, requiring employers to notify workers of scheduling changes, creating an hourly minimum wage for ride-hailing drivers and a raft of protections against workplace sexual harassment. His new proposal to create retirement savings accounts for workers could enhance economic security for seniors for generations to come. Still, de Blasio’s effort in 2014 to raise the minimum wage depended upon state government, which initially balked, only to have Cuomo eventually increase it and claim credit. Workforce development experts noted that New York City is adding more jobs that are at the extremes – either high-paying or low-wage, rather than ones in the middle that the average native New Yorker can fill. The high-paying professional jobs often require advanced skills or higher education, and thus aren’t accessible to some New Yorkers. “In terms of preparing New Yorkers for a changing economy, the mayor is right to celebrate the fact that high school graduation rates are at an all-time high,” Dvorkin said. “But a high school diploma isn’t enough to get ahead in New York City’s economy anymore. This mayor, and the next one, will need to really focus on boosting college and career success, and building a much stronger pipeline across the K-12 system.” Dvorkin said that means increasing funding for nonprofits that provide technical training or apprenticeships, such as Opportunities for a Better Tomorrow, which offers high school equivalency diploma classes and a

19

masonry technician training program. Across all the mayor’s initiatives that have failed to get a greenlight in Albany, the common observation is an ironic one for someone so often accused of preferring talk to action – that he has been half-hearted in jawboning the state Legislature to pass his agenda. “He could’ve spent more time in Albany,” Hoylman said. “It’s hard to get on the same page as the mayor when the entreaties from the administration are so sporadic.” City Hall said de Blasio lobbied the state hard this year, noting that he made numerous visits to Albany. But on some big issues, his engagement hasn’t been consistent. Take the city’s regressive property tax structure. It favors homeowners over rental buildings and dramatically underassesses the city’s most valuable properties. Any plan to combat inequality through the tax code must reform it, and yet that power lies solely in Albany. For years, de Blasio did little besides occasionally mention the issue, only appointing a commission – which will release a report this fall – in 2018, a year after the city was sued by a coalition of landlords and civil rights groups, led by Martha Stark, a former city finance commissioner. But it’s not as if de Blasio appointing the commission sooner would have guaranteed that it would have passed. This month, Deputy Mayor for Housing and Economic Development Vicki Been said that she doesn’t expect Albany to pass property tax reform during the mayor’s term in office, although she later said the city would try to get it passed under de Blasio. State Sen. Liz Krueger, a liberal from Manhattan’s East Side, thinks de Blasio could have adopted property tax reform earlier and more aggressively. Even so, she said, “It does seem that almost since (de Blasio) has been the mayor, certainly when there was Republican control of the Senate, it was a subjoke, ‘If you really want something, ask him to say he doesn’t want it, and maybe we can get it for you.’” With a progressive Democratic majority now empowered in the state Senate, that might be ready to change. “He tried early on to support Senate candidates and that did not end well, and he was punished as a result by the Republican Senate, so maybe he was a little gun shy from engaging with Albany,” said Hoylman, referring to de Blasio’s unsuccessful attempt to help Democrats win a state Senate majority in 2014, which only resulted in an investigation into his fundraising activities. “But now, he’s got willing allies in the Legislature and I would encourage him to reboot his arguments about inequality and tax equity as a legacy for his administration.”


20 CityAndStateNY.com

September 30, 2019

THE

FINANCE POWER FIFTY

DROP DROP OF OF LIGHT/SHUTTERSTOCK LIGHT/SHUTTERSTOCK

F

ROM WALL STREET executives to billionaire philanthropists to the heads of credit card empires, there is no shortage of financial power brokers in a state that’s home to the world’s largest stock exchange. Unsurprisingly, this inaugural list of leaders driving the banking and investment industry in New York includes financial giants like Michael Bloomberg and top brass at Goldman Sachs, JPMorgan Chase and Bank of America. But at City & State, influence means more than just buying power. The Finance Power 50 list looks at who has the most influence on the political process – whether we’re talking about Citigroup CEO Michael Corbat, who has overseen $6 billion worth of affordable housing projects in New York since 2006, longtime philanthropist and liberal icon George Soros, or Michael Smith, who has worked to modernize New York’s banking system. We’re pleased to present our first Finance Power 50.


September 30, 2019

City & State New York

1 JAMIE DIMON

CHAIRMAN AND CEO JPMORGAN CHASE & CO.

JPMORGAN CHASE

AS THE head of the nation’s largest bank and financial services company, Jamie Dimon isn’t just a leader in his field and the top employer in New York City, he’s a dominant voice on issues both inside and outside the banking industry. A veteran at taking heat on Capitol Hill, other banking CEOs were happy, for instance, to let Dimon do much of the talking at an April hearing about executive pay and inequality. And, while Dimon isn’t throwing his hat in the ring to challenge Donald Trump for the presidency, he did draw the spotlight and Trump’s ire when he claimed he could defeat Trump in an election. Dimon recently led fellow CEOs in abandoning the view that corporations should only consider the interests of shareholders when making decisions. Unsuccessful at getting his friend Jeff Bezos to set up shop in Queens, Dimon and his bank are in New York City for the long haul, it would seem, with plans for a new 70-story headquarters on Park Avenue to house roughly 6,000 workers.

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22 CityAndStateNY.com

September 30, 2019

2 MICHAEL CORBAT

CEO CITIGROUP

MICHAEL CORBAT may not have the same efferves-

cence or notoriety as other CEOs in his orbit, but his input is no less influential. Maybe that’s why the head of New York City’s second-largest private employer earned an extra $1 million in compensation last year for being a “steady” leader, or why the president included him on an August conference call to discuss consumer confidence and the markets when stocks tumbled 800 points. This year, the bank posted a 10% return on tangible common equity and Corbat has vowed to “do everything within our power” to get to 12%. That includes some cost-cutting, although it won’t apparently stop the bank from raising the pay of its lowest-wage workers to $15 an hour amid political pressure. As the country’s largest affordable housing lender – Citibank has financed over $6 billion in projects in New York alone since 2006 – Corbat has taken political stances to reflect the bank’s values like condemning a white supremacist rally in Charlottesville, Virginia, and disclosing the pay gap between male and female workers.

3 MICHAEL BLOOMBERG

FOUNDER BLOOMBERG LP

Mayor Bill de Blasio only spent seven hours at City Hall in May while launching his bid for president, one could be forgiven for longing for his predecessor. But Michael Bloomberg never really left. Just look around at the opening of Hudson Yards, the launch of Empire Outlets, new housing coming to the Barclays Center area of Brooklyn and the continued expansion of the city’s bike lane network and ferry system. Or turn on the TV to watch blistering campaign ads shaming politicians for opposing gun-safety measures and not doing more to curb climate change – two independent campaigns Bloomberg continues to pour his vast fortune into, with an intent of forcing Congress to confront its worst policy failures. Even though he isn’t running for president, although he isn’t completely ruling it out, Bloomberg could spend $500 million to prevent President Donald Trump from winning a second term on top of the $120 million he spent helping Democrats in 2018. His legacy is getting another examination with the release of New York Times writer Eleanor Randolph’s book “The Many Lives of Michael Bloomberg” this month.

CITIGROUP; RBLFMR/SHUTTERSTOCK

WHEN THE New York Post reported New York City


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24 CityAndStateNY.com

September 30, 2019

4 GEORGE SOROS

FOUNDER SOROS FUND MANAGEMENT A BILLIONAIRE financier, philanthropic leader and orig-

inal friend of New York City Mayor Bill de Blasio, George Soros is a liberal icon. Considered one of the world’s preeminent advocates for freedom and democratic rule, he’s also become a target for right-wing anti-Semitic attacks in politics and an object of conspiracy theories. President Donald Trump a year ago fanned the anti-Soros flames by falsely claiming Soros paid protesters to disrupt Brett Kavanaugh’s U.S. Supreme Court nomination hearings. That said, Soros has shown no signs of being intimidated or deterred from politics. He’s pouring $6.3 million into left-leaning outside spending groups for the 2020 election following his $16.6 million investment in the 2018 cycle. He’s also teaming up with conservative oil tycoon Charles Koch to fund a new antiwar think tank. If you want to reach the 89-year-old Soros quickly, you can catch him on Slack, of which he owns half a million shares.

5 KEITH MESTRICH

AMALGAMATED BANK is the Democratic Party’s favorite financial institution, but its success didn’t happen overnight. Founded by garment workers in 1923 and favored by New York City firefighters, carpenters and teachers for much of the 20th century, the bank under Keith Mestrich’s leadership has hired staffers from former President Barack Obama’s campaigns and aggressively courted party players. A key moment: the Democratic National Committee’s announcement in 2012 that it would shift its funds to Amalgamated. Now the DNC’s go-to depository – Hillary Clinton’s presidential campaign signed on in 2015, as have super PACs, Planned Parenthood and the American Federation of Teachers. In 2018, it held roughly $400 million in political deposits. But the union-owned bank took its most significant step yet in August 2018 when it chose to go public on the Nasdaq composite, raising $104 million by offering 6.7 million shares. The access to capital has helped Amalgamated grow, take on political issues like the $15 minimum wage and help unions collect dues amid state and federal moves that have battered the labor movement.

ADRIN SHAMSUDIN/SHUTTERSTOCK; CHALKIN

PRESIDENT AND CEO AMALGAMATED BANK


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SUBSCRIPTIONS INCLUDE 48 ISSUES CONVENIENTLY MAILED TO YOUR HOME OR OFFICE CITY & STATE MAGAZINE is a premier weekly publication that dedicates its coverage to everything politics in New York. Profiles of leading political figures In-depth updates on campaigns and elections Analysis of policy and legislation Special sections on key industries and sectors *Free subscriptions are offered to New York City and New York State government employees, staff of nonprofit organizations, and staff, faculty and students of academic institutions. $99 per year for all other subscribers.


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CHAIRMAN AND CEO GOLDMAN SACHS

PRESIDENT AND CEO MASTERCARD

FOUNDER AND CEO THIRD POINT

CHAIRMAN AND CEO MORGAN STANLEY

A SOLID BUILDER

LEADING ONE of the

FEW PEOPLE in

of businesses who moonlights as a nightclub DJ, David Solomon took over as the chairman and CEO of Goldman Sachs Group Inc. last October, nearly two decades after joining the company as a partner, rare for an outsider. Solomon has worked to lift the secrecy that fostered Goldman’s mythic status but wore thin after the financial crisis. He’s also hiring more women, as he also reduces the number of partners at the firm.

AJAY BANGA

world’s most admired companies while also being named the top minority executive in the world? Priceless. Mastercard president and CEO since 2010, Ajay Banga is diversifying the Purchase, New York-based payments company, which employs nearly 15,000 people in dozens of countries. A native of India, Banga became a U.S. citizen in 2007, and he co-chairs the Partnership for New York City, which represents business interests in the city.

DANIEL LOEB

New York have backed the charter school movement as fervently as Daniel Loeb. The founder of hedge fund Third Point and antagonist of Mayor Bill de Blasio, Loeb steered Success Academy Charter Schools’ growth as its chairman before stepping down in May 2018. A prolific political fundraiser, he gave $1 million to charter-friendly New Yorkers for a Balanced Albany last year.

JAMES GORMAN

CEO OF Morgan Stanley since 2010 and chairman since 2012, James Gorman steadied a bank that nearly toppled in the financial crisis and has been sought out by the New York political establishment for his counsel. Mayor Bill de Blasio visited Morgan Stanley in 2015 and Gov. Andrew Cuomo met with Gorman the previous year. More recently, Gorman warned the U.S.-China trade war could have a “devastating effect” on the global economy.

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CHARLES SCHARF

INCOMING CEO WELLS FARGO

WELLS FARGO recently announced the hiring of Charles Scharf as its new CEO, and he will take over on Oct. 21. A job The New York Times called “the hardest job in banking,” Wells Fargo hired Scharf to improve its tarnished reputation. The appointment of the former head of BNY Mellon and former Visa CEO ended the lender’s monthslong search to replace Tim Sloan, who abruptly stepped down in March.

BNY MELLON; NYSE

DAVID SOLOMON


September 30, 2019

City & State New York

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PRESIDENT AND CEO NASDAQ

NEW YORK STATE PRESIDENT BANK OF AMERICA

PRESIDENT AND CEO

AS BANK OF AMERICA’S New York state

CHAIRMAN AND CEO AMERICAN EXPRESS

GROUP HEAD, MULTIFAMILY CAPITAL WELLS FARGO

AMERICAN EXPRESS

LEADING Wells Fargo

ADENA FRIEDMAN

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STACEY CUNNINGHAM

PRESIDENT NEW YORK STOCK EXCHANGE

A POWERFUL VOICE in a male-dominated industry, Stacey Cunningham is the first woman to head the New York Stock Exchange in its 227-year history. Named president last year, she started out as a floor clerk in 1996 and had worked her way up to chief operating officer by 2015. She says she wants to create new types of financial listings and prioritize diversity. Cunningham earned a bachelor’s degree in industrial engineering from Lehigh University.

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of Nasdaq, Adena Friedman is overseeing its transition into a multifaceted company that provides technology to other global exchanges. After a childhood of hanging out with her dad on the trading floor, Friedman joined Nasdaq in 1993, heading corporate strategy and then was named chief financial officer in 2009. She joined The Carlyle Group as its chief financial officer in 2011 and then came back to Nasdaq three years later.

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JEFFREY BARKER

STEPHEN SQUERI

president, Jeffrey Barker oversees the company’s consumer operations. The former Barnes & Noble regional director helped Bank of America provide $1.2 billion in credit to small businesses in the state and another $60 million in grants and matching funds to local nonprofits. He also co-chairs an annual New York Yankees Homecoming Dinner, the proceeds of which support the baseball team’s foundation.

chairman and CEO since early 2018, Stephen Squeri runs New York City’s 13th-largest employer and helped launched the “Don’t Live Life Without It” marketing campaign. In his previous role as vice chairman, Squeri melded disparate units into the company’s global commercial services group, which now accounts for 40% of spending by its members. Squeri has been with the company since 1985.

ALAN WIENER

Multifamily Capital in New York, Alan Wiener specializes in large multifamily loans to landlords and developers. He came to Wells Fargo in 2009 when the bank bought Wachovia, which had acquired American Property Financing, founded by Wiener in 1992. A legal services lawyer early on, Wiener spent nine years in government, including as an assistant to then-New York City Mayor Abe Beame.

The Board of Directors, Officers, and Employees of

New York Community Bank are proud to support

City & State’s Finance Power 50 Heartfelt Congr atulations to President & Chief Executive Officer and Honoree

Joseph R. Ficalor a

Visit us at myNYCB.com


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EXECUTIVE VICE PRESIDENT AND EASTERN DIVISION EXECUTIVE PNC BUSINESS CREDIT

CHAIRWOMAN AND CEO CIT GROUP

CHAIRMAN, PRESIDENT AND CEO NEW YORK PRIVATE BANK & TRUST

CHAIRMAN AND CEO M&T BANK

EXECUTIVE VICE PRESIDENT and east-

ern division executive for PNC Business Credit, W. Craig Stillwagon oversees teams handling new business development and managing relationships. He joined in 1997, after compiling more than 30 years in middle-market lending at Norwest Bank, CIT Business Credit and Marine Midland Bank. Stillwagon is a member of the Association for Corporate Growth.

CHAIRWOMAN AND CEO of CIT Group,

Ellen Alemany left retirement to oversee a turnaround at the struggling but systemically important U.S. bank in 2016. Her more than 40 years in banking include stints at Citigroup, JPMorgan Chase and Citizens Financial Group, from which she retired as chairman and CEO in 2013. Born and raised in the Bronx, Alemany earned an MBA from Fordham University and served on the Mayor’s Fund to Advance New York City board.

HOWARD MILSTEIN

AS CHAIRMAN, pres-

ident and CEO of New York Private Bank & Trust and its operating bank, Emigrant Bank, Howard Milstein runs the country’s largest privately owned, family-run bank and New York City’s oldest savings institution. Chairman of the state Thruway Authority for three years starting in 2011, the billionaire developer remains close to Gov. Andrew Cuomo, donating $220,000 to his 2018 reelection bid. The former co-owner of the New York Islanders now owns Golf Magazine.

ANDREW BREGENZER

AS TD BANK’S regional president for the New

York City metropolitan area, Andrew Bregenzer oversees all of its retail, consumer, commercial lending and government banking activities in New York City, northern New Jersey, Long Island, Westchester County and the lower Hudson Valley. With the bank since 2002, Bregenzer has led its New York office for three years. Under his watch, his bank invested $10 million last year toward low-interest loans for minorityand women-owned business enterprises.

new hire, René Jones had a chance lunchroom encounter with M&T Bank’s then-Chairman and CEO Robert Wilmers. Jones stayed with the bank another 27 years, and succeeded Wilmers when he died in December 2017. Jones has overseen major technological upgrades in recent years, while continuing a tradition of gathering the bank’s top 15 leaders every Tuesday. The bank posted $1.9 billion in profits last year.

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RAYMOND McDANIEL

PRESIDENT AND CEO MOODY’S

A LAWYER by training, Raymond McDaniel has led Moody’s since 2004 as the credit rating agency’s president and CEO. At Moody’s for decades, he faced a hostile crowd in 2010 on Capitol Hill, defending his firm’s role in the subprime mortgage crisis. While his counterparts at S&P Global and Fitch Ratings left their positions in the wake of the housing market collapse, McDaniel remained, diversifying Moody’s business to focus more on data and analytics.

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PRESIDENT AND CEO FITCH GROUP

PRESIDENT AND CEO S&P GLOBAL

CHAIRMAN AND CEO PJT PARTNERS

PRESIDENT AND CEO EVERCORE

ELECTED PRESIDENT AND CEO of

AFTER 30 years at Morgan Stanley, Paul Taubman struck out on his own, forming investment bank PJT Capital. The gamble paid off as The Blackstone Group spun off its advisory arm to join forces and create PJT Partners in 2015. Known as a good listener who puts people at ease, Taubman is the board president of New York Cares and serves as a vice chairman on the board of Cold Spring Harbor Laboratory.

AS PRESIDENT and

APPOINTED CEO

REGIONAL PRESIDENT, NEW YORK CITY METROPOLITAN AREA TD BANK

AS A 27-year-old

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PAUL TAYLOR

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RENÉ JONES

of Fitch Group in 2012, Paul Taylor had already been named president of Fitch Ratings in 2010, leading the rating agency’s presence in Europe and managing its major rating analytic groups. Taylor joined Fitch in 2000 after its merger with Duff & Phelps Credit Rating Co., where he was executive vice president. The London-based Taylor also worked at Standard & Poor’s and Lloyds Bank, and holds a bachelor’s degree in management and marketing from Lancaster University.

DOUGLAS PETERSON

S&P Global in 2013, Douglas Peterson has since introduced several initiatives to combat gender inequality, telling CNBC he had to “take a stand.” Peterson joined the company two years earlier as president of Standard & Poor’s ratings services, after 26 years at Citigroup. Active in the World Economic Forum, he also serves on an advisory board for a Federal Deposit Insurance Corp. committee.

PAUL TAUBMAN

RALPH SCHLOSSTEIN

CEO of Evercore, Ralph Schlosstein presides over one of the largest global independent investment banking firms. During his 10year reign, Evercore has grown from an upstart boutique into a credible challenger to top global banks. A co-founder of BlackRock in 1988, Schlosstein gave economic advice to President Jimmy Carter and Congress in the 1970s. A fundraiser for prominent Democrats, he serves on the Lincoln Center for the Performing Arts’ board of directors.

MARIO MORGADO; ANDREI SEVERNY/NYHEADSHOTS

W. CRAIG ELLEN STILLWAGON ALEMANY


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MANAGING PARTNER, NEW YORK PRACTICE DELOITTE

MANAGING PARTNER, NEW YORK CITY METROPOLITAN AREA PRICEWATERHOUSE COOPERS

MANAGING PARTNER, NEW YORK OFFICE KPMG

CHAIRMAN, PRESIDENT AND CEO APPLE BANK

AS THE managing partner of KPMG’s New York office for the past decade, Bob Garrett is responsible for the accounting firm’s performance and culture. With KPMG since 1986, he’s devoted to mentoring and advocating for diversity in the workforce, and this year pledged to work to help more women advance into leadership roles, particularly on corporate boards. A second-generation Irish American, Garrett belongs to the American Ireland Fund.

CHAIRMAN, PRESIDENT and CEO of

AS MANAGER PARTNER

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HERB ENGERT

MANAGING PARTNER, NEW YORK CITY OFFICE ERNST & YOUNG APPOINTED MANAGING PARTNER of Ernst & Young’s New York City office in 2018, Herb Engert leads more than 9,000 employees at the multinational professional services firm, one of the Big Four accounting firms. A proponent of mentorship and passionate about entrepreneurship, the self-described dog lover and foodie is active in the Network for Teaching Entrepreneurship, a nonprofit group devoted to training and educational programs for young people in low-income communities.

of Deloitte’s New York practice, Steve Gallucci oversees the auditing and consulting giant’s business operations and its more than 5,000 workers in New York. At Deloitte for 27 years, Gallucci held leadership roles within the company’s national audit and risk advisory functions. On the national board of directors of the scholarship-granting Posse Foundation, Gallucci also chairs the organization’s local New York advisory board. He earned an MBA from the University of Notre Dame.

KATHRYN KAMINSKY

A FORMER audit

partner at PricewaterhouseCoopers, Kathryn Kaminsky is now among the highest-ranking women in accounting after taking over as the firm’s managing partner for the New York City metropolitan area in July. Responsible for managing a team of more than 11,000 tax and consulting professionals, Kaminsky hopes to advance women and diverse professionals at the firm.

BOB GARRETT

STEVEN BUSH

Apple Bank since 2016, Steven Bush runs an institution that’s played a role in New York City and the surrounding area since 1863. Its 79 branches dot East Hampton, East Harlem, Staten Island and Westchester and Rockland counties. Bush joined Apple Bank in 1992 and had served as the bank’s chief operating officer. He previously worked as a vice president at Chemical Bank.

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CAPITAL REGION MARKET PRESIDENT KEYBANK

PRESIDENT OF COMMERCIAL BANKING AND NORTHEAST REGIONAL PRESIDENT CAPITAL ONE

PRESIDENT, CEO AND DIRECTOR DIME COMMUNITY BANK

CHAIRMAN, PRESIDENT AND CEO RIDGEWOOD SAVINGS BANK

RUTH MAHONEY

MICHAEL SLOCUM

AS KEYBANK’S

capital region market president, Ruth Mahoney oversees the retail bank in the Albany area, central to the employer of 2,600 people in New York state. Mahoney supervises more than 500 workers in 57 branches. As co-chairwoman of the Capital Region Economic Development Council, she’s helped bring in funding for area projects. Born in Ireland, she joined KeyBank’s management associate program in 1991.

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JOSEPH FICALORA

PRESIDENT AND CEO NEW YORK COMMUNITY BANK JOSEPH FICALORA started working at New

York Community Bank as a teller when he was 18 and never left. Named president and CEO in 1993, he’s overseen the acquisition of several smaller banks throughout Queens and Long Island, including Atlantic Bank and Roosevelt Savings Bank. Ficalora also helped Gov. Andrew Cuomo’s administration launch a banking development district in Brentwood in 2014, while managing steady growth at his bank, which had assets exceeding $50 billion last year.

AS PRESIDENT of Capital

One’s commercial banking business, Michael Slocum runs multiple business lines, including commercial real estate and corporate banking. He’s also the bank’s Northeast regional president. Slocum joined Capital One after nearly two decades at Wachovia. A resident of New York City, he used to be a member of the board for the Jewish Museum and currently serves on the Roundabout Theatre Company board. Slocum graduated from Colgate University.

KENNETH MAHON

WORKING FOR

Brooklyn’s Dime Community Bank since 1980, Kenneth Mahon has been president and CEO since 2017, the year after it dropped Dime Savings Bank of Williamsburgh as its name of more than 150 years. Mahon now oversees an operation with 29 branches in Brooklyn, Queens, the Bronx, and Nassau and Suffolk counties. He serves on the board of Southside United HDFC, an affordable housing nonprofit.

LEONARD STEKOL

AS CHAIRMAN,

president and CEO of Ridgewood Savings Bank, Leonard Stekol runs the largest mutual savings bank in the state of New York, overseeing 35 branches through New York City, Long Island and Westchester County. At Ridgewood Savings Bank for a quarter century, Stekol took the helm in 2018, after serving as president and chief operating officer since 2016. The bank’s assets hit $5.5 billion in 2018.

ERNST & YOUNG; SUBMITTED; INVESTORS BANK

STEVE GALLUCCI


September 30, 2019

City & State New York

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PRESIDENT AND CEO COMMUNITY BANK SYSTEM

PRESIDENT AND CEO STERLING BANCORP

PRESIDENT AND CEO BNB BANK

PRESIDENT AND BOARD MEMBER FIRST REPUBLIC BANK

PRESIDENT AND CEO

JACK KOPNISKY has

could teach seminars on how to handle job interviews. After applying for the chief financial officer position at what’s now called BNB Bank, he was offered the CEO job instead. President and CEO of the fast-growing community bank since 2008, O’Connor’s BNB Bank operates 45 branches in Long Island and the greater New York City metropolitan area. A Brooklyn native, O’Connor had been treasurer at North Fork Bank, where he spent 20 years.

MARK TRYNISKI

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KEVIN CUMMINGS

CHAIRMAN AND CEO INVESTORS BANK

KEVIN CUMMINGS left KPMG after 26 years to

join Investors Bank in 2003, becoming its president and CEO in 2008, just months ahead of the financial crisis. Touted as the highest-paid bank CEO in the U.S. for drawing $20 million in total compensation in 2015, Cummings also serves on the board of the Scholarship Fund for Inner-City Children. He earned a bachelor’s degree from Middlebury College and an MBA from Rutgers University.

of Community Bank System since 2006, Mark Tryniski joined the commercial bank, based in DeWitt, a suburb of Syracuse, three years earlier. Previously a partner in the Syracuse office of PricewaterhouseCoopers, Tryniski spent 18 years working with U.S. Securities and Exchange Commission registrants in banking and other industries. He’s active in the New York Bankers Association and the New York Business Development Corp.

JACK KOPNISKY

led Sterling Bancorp and its subsidiary Sterling National Bank since 2011, overseeing the bank’s growth from $3.2 billion in assets to $32 billion last year. He previously served as CEO of SJB Escrow Corp., president and CEO of First Marblehead Corp. and president of consumer banking at KeyBank, among other roles. Kopnisky is on the boards of St. Thomas Aquinas College and the Children’s Museum of Manhattan.

KEVIN O’CONNOR

KEVIN O’CONNOR

HAFIZE GAYE ERKAN

AS PRESIDENT and board member of First Republic Bank, Hafize Gaye Erkan oversees its investment portfolio and deposits and runs its operations in New York and Boston. She joined the bank in 2014 as chief investment officer and co-chief risk officer. Born and raised in Turkey, Erkan earned a scholarship to Princeton University, where she earned a doctorate. She then developed investment algorithms at Goldman Sachs.

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PRESIDENT AND CEO TIOGA STATE BANK

CHAIRWOMAN, CEO AND CO-FOUNDER SIEBERT CISNEROS SHANK & CO. LLC

PRESIDENT, CHIEF OPERATING OFFICER AND DIRECTOR FISERV

FOUNDER AND CEO PERSHING SQUARE CAPITAL MANAGEMENT

PERHAPS ONE of the

PRESIDENT, chief

BILL ACKMAN is

PRESIDENT AND CEO

of Tioga State Bank, Robert Fisher is a fifth-generation community banker who has helped his Spencer, New York-based institution expand to more than a dozen locations upstate. Active in the Independent Bankers Association of New York State, he also serves as vice chairman of the Independent Community Bankers of America. An ROTC scholarship student at the University of Notre Dame, Fisher’s stint in the Air Force included service in the first Gulf War.

SUZANNE SHANK

FRANK BISIGNANO

first African American women to build submarines who then moved on to run a publicly traded financial institution, Suzanne Shank helped start Siebert Cisneros Shank & Co. LLC in 1996. As chairwoman and CEO, she’s overseen its growth from a startup into an investment banking firm that’s taken part in more than $2 trillion in transactions. A Wharton School of the University of Pennsylvania graduate, she was an engineer at General Dynamics.

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MICHAEL NOVOGRATZ

FOUNDER AND CEO GALAXY DIGITAL

WHEN THE world’s currencies are standard-

ized to Bitcoin, who will be laughing then? Former hedge fund manager Michael Novogratz has been investing in cryptocurrency since 2013. His merchant bank Galaxy Digital lost $134 million in the first quarter of 2018 but gained $12.9 million in the first quarter this year. He’s also the chairman of the Hudson River Park board and backed Tiffany Cabán’s failed bid for Queens district attorney.

MICHAEL SCHLEIN

PRESIDENT AND CEO ACCION

PRESIDENT AND CEO of Accion, Michael Schlein came to the nonprofit that’s devoted to building a financially inclusive world in 2007. Initially a member of its board, Schlein took the helm in 2009. He previously worked at Citigroup and served as chief of staff at the U.S. Securities and Exchange Commission. New York City Mayor Bill de Blasio appointed him as the chairman of the New York City Economic Development Corp. in 2014.

having a good year. Founder and CEO of Pershing Square Capital Management, the hedge fund manager and philanthropist oversaw a 45% rise in his fund’s value in the first half of this year. A fundraiser for Democrats like U.S. Sen. Charles Schumer, Ackman has worked on improving mental health in New York City with first lady Chirlane McCray. Ackman earned degrees from Harvard College and Harvard Business School.

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EXECUTIVE VICE PRESIDENT, CHIEF ADMINISTRATIVE OFFICER AND GENERAL COUNSEL MACANDREWS AND FORBES INC.

PRESIDENT AND CEO NEWBANK

PRESIDENT AND CEO NEW YORK BANKERS ASSOCIATION

PRESIDENT AND CEO INDEPENDENT BANKERS ASSOCIATION OF NEW YORK STATE

STEVEN COHEN

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operating officer and a director at Fiserv, Frank Bisignano previously served as chairman and CEO of First Data, helping a turnaround that changed the payment processor into a technology and commerce firm. The Brooklyn native was co-chief operating officer and CEO of mortgage banking at JPMorgan Chase & Co., and held senior roles at Citigroup. Bisignano serves on the National September 11 Memorial & Museum board.

BILL ACKMAN

STEVEN COHEN is exec-

utive vice president, chief administrative officer and general counsel at MacAndrews & Forbes Inc., the investment company owned by billionaire investor Ronald Perelman. In private practice, Cohen has taken on complex commercial, criminal and regulatory cases. Before returning to the private sector in 2011, Cohen worked for Gov. Andrew Cuomo, starting in 2007 as the governor’s counselor, chief of staff and then secretary.

KEUN TAEK HAN

KEUN TAEK HAN

founded NewBank in Queens’ Flushing neighborhood in 2006 as its president and CEO. Catering to the financial needs of minority small-business owners, Han’s community bank serves entrepreneurs in Korean, Chinese, Hispanic and Indian communities. He spent the previous decade as president, chairman and CEO of the Korean-owned Cho Hung Bank of New York. Han’s bank now operates five branches in New York City and New Jersey.

MICHAEL SMITH

WHEN BANKERS

needs a voice in Albany, they turn to Michael Smith. President and CEO of the New York Bankers Association since 1989, the group’s members oversee $10 trillion in assets. Smith has worked to modernize the state’s banking system while weighing in on rate and fee deregulation, tax policy and interstate banking. Smith most recently got the banking “wild card” law extended through 2024.

JOHN WITKOWSKI

AS PRESIDENT and CEO of the Independent Bankers Association of New York State for the past five years, John Witkowski speaks for more than 60 independent community banks across the state. The former NFL quarterback went into banking after football, serving as executive vice president and retail banking executive at Five Star Bank. He’s working on reducing regulations on community banks.

RISE; ACCION

ROBERT FISHER


PUBLIC and LEGAL NOTICES / CityAndStateNY.com

September 30, 2019

NOTICE OF SALE

September 30, 2019 For more info. 212-268-0442 Ext.2039

Email

legalnotices@cityandstateny.com Notice of Formation of Leeza Garber Esq Consulting LLC filed with SSNY on June 21, 2019. Office: NY County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: 252 W 76th Street, NY, NY 10023. Purpose: any lawful act or activity. BREGS REALTY, LLC. Arts. of Org. filed with the SSNY on 02/13/19. Office: Kings County. SSNY designated as agent of the LLC upon whom process against it may be served. SSNY shall mail copy of process to the LLC, 26 Delavan Street, Brooklyn, NY 11231. Purpose: Any lawful purpose. LEAGUE REAL ESTATE GROUP LLC, Arts of Org. filed SSNY 08/30/18. Office: NY Co. SSNY designated agent of LLC upon whom process may be served & mail to League Real Estate Group LLC, 261 Madison Ave, 9th Fl, NY, NY 10016. General Purpose. 605 BARBEY ST, LLC Arts of Org. filed with SSNY 7/22/2019. OFFICE: NY COUNTY. SSNY has been designated as agent upon whom process against LLC may be served. SSNY shall mail process to The LLC, Attn: Madeline Perry, 978 Sterling PL, Brooklyn , NY 11213. Purpose: Any lawful Purpose.

Notice of Qualification of QMB 2 Energy Storage, LLC. Authority filed with NY Dept. of State on 8/8/19. Office location: NY County. LLC formed in DE on 1/25/19. NY Sec. of State designated agent of LLC upon whom process against it may be served and shall mail process to: Cogency Global Inc. (CGI), 10 E. 40th St., 10th Fl., NY, NY 10016. DE address of LLC: CGI, 850 New Burton Rd., Ste. 201, Dover, DE 19904. Cert. of Form. filed with DE Sec. of State, 401 Federal St., Dover, DE 19901. Purpose: all lawful purposes. Notice of Qualification of SIERRA HEALTH GROUP LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 08/12/19. Office location: Kings County. LLC formed in Delaware (DE) on 07/25/18. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to c/o Corporation Service Co., 80 State St., Albany, NY 12207-2543. DE addr. of LLC: 251 Little Falls Dr., Wilmington, DE 19808. Cert. of Form. filed with Secy. of State, John G. Townsend Bldg., 401 Federal St., Ste. 4, Dover, DE 19901. Purpose: Any lawful activity.

LEGALNOTICES@ CITYANDSTATENY.COM

SUPREME COURT COUNTY OF KINGS Wells Fargo Bank, National Association as Trustee for Option One Mortgage Loan Trust 2007-5, Asset-Backed Certificates, Series 20075, Plaintiff AGAINST June P. Isaac a/k/a June P. Isaac-Goodridge; et al., Defendant(s) Pursuant to a Judgment of Foreclosure and Sale duly dated November 30, 2018 I, the undersigned Referee will sell at public auction at the Kings County Supreme Court, 360 Adams Street, Room 224, Brooklyn, NY 11201 on September 12, 2019 at 2:30PM, premises known as 326 92nd Street, Brooklyn, NY 11212. All that certain plot piece or parcel of land, with the buildings and improvements erected, situate, lying and being in the Borough of Brooklyn, County of Kings, City and State of NY, Block:4646 Lot:25. Approximate amount of judgment $372,701.31 plus interest and costs. Premises will be sold subject to provisions of filed Judgment Index# 515931/2016. Jeffrey Dinowitz, Esq., Referee Shapiro, DiCaro & Barak, LLC Attorney(s) for the Plaintiff 175 Mile Crossing Boulevard Rochester, New York 14624 (877) 430-4792 Dated: July 30, 2019 Notice of Qualification of QMB 3 Energy Storage, LLC. Authority filed with NY Dept. of State on 8/8/19. Office location: NY County. LLC formed in DE on 1/25/19. NY Sec. of State designated agent of LLC upon whom process against it may be served and shall mail process to: Cogency Global Inc. (CGI), 10 E. 40th St., 10th Fl., NY, NY 10016. DE address of LLC: CGI, 850 New Burton Rd., Ste. 201, Dover, DE 19904. Cert. of Form. filed with DE Sec. of State, 401 Federal St., Dover, DE 19901. Purpose: all lawful purposes.

Notice of Qualification of Launch Servicing, LLC. Authority filed with Secy. of State of NY (SSNY) on 08/09/19. Office location: NY County. LLC formed in Delaware (DE) on 06/27/18. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to: 402 West Broadway, 20th Fl., San Diego, CA 92101. Address to be maintained in DE: 160 Greentree Dr., Ste. 101, Dover, DE 19904. Arts of Org. filed with the Secy. of State of DE, 401 Federal St #4, Dover, DE 19901. Purpose: any lawful activities. NOTICE OF FORMATION OF Inbox Collective LLC Arts of Org filed with the SSNY (SSNY) on July 11, 2019. Office loc: NY Co. SSNY has been designated as agent upon whom process against it may be served. SSNY shall mail process to The LLC, Attn: 400 East 55th Street apt. 12d, New York, NY 10022. Purpose: any lawful act or activity. Berger812 LLC. Art. of Org. filed with SSNY 8-1319. Office Location: NY County. SSNY designated as agent of the LLC for service of process. SSNY shall mail a copy of any process to c/o Dentons US LLP, Attn: Brian E. Rafferty, 1221 6th Ave., NY, NY 10020. Purpose: Any lawful act or activity. Notice of Qualification of Arrow Payments, LLC. Authority filed with NY Dept. of State on 8/29/19. Office location: NY County. LLC organized in IL on 3/6/12. NY Sec. of State designated agent of LLC upon whom process against it may be served and shall mail process to: Cogency Global Inc., 10 E. 40th St., 10th Fl., NY, NY 10016. IL and principal business address: 20 W. Kinzle St., 17th Fl., Chicago, IL 60654. Cert. of Org. filed with IL Sec. of State, 501 S. 2nd St., Springfield, IL 62756. Purpose: all lawful purposes.

DRIFTWOOD PECONIC BAY LLC, Arts. of Org. filed with the SSNY on 08/07/2019. Office loc: NY County. SSNY has been designated as agent upon whom process against the LLC may be served. SSNY shall mail process to: The LLC, Unit First Floor, The Gramercy, 25 East 21st Street, NY, NY 10010. Purpose: Any Lawful Purpose. Notice of Qualification of GAMBLIT GAMING, LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 07/25/2019. Office location: NY County. LLC formed in Delaware (DE) on 09/06/11. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to c/o CT Corporation, 28 Liberty St., NY, NY 10005. DE addr. of LLC: c/o The Corporation Trust Company, 1209 Orange St, Corp Trust Center, Wilmington, DE 19801. Cert. of Form. filed with Secy. of State of the State of DE, Div. of Corps., P.O. Box 898, Dover, DE 19903. Purpose: Any lawful activity. Notice of Formation of 268 East 7th Street Owner LLC. Arts. of Org. filed with Secy. of State of NY (SSNY) on 08/13/19. Office location: NY County. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to: 64 2nd Ave., 2nd Fl., NY, NY 10003. Purpose: any lawful activities. Notice of Formation of FON CONSULTING, LLC filed with SSNY on June 21 2019. Office: Westchester County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: 2804 Gateway Oaks Dr # 100 Sacramento, CA 95833. Purpose: any lawful act or activity.

LEGALNOTICES@ CITYANDSTATENY.COM

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Notice of Formation of Security Resources NY, LLC n/k/a Security Resources, LLC (through merger). Arts. of Org. filed w/ Secy. of State of NY (SSNY) on 8/13/19. Office in NY County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail process to c/o CSC, 80 State St., Albany, NY 12207, registered agent upon whom process may be served. Purpose: Any lawful act/activity. Notice of Qualification of Horizon Big, LLC. Authority filed with NY Dept. of State on 3/20/19. Office location: NY County. Princ. bus. addr.: 75 Varick St., NY, NY 10013. LLC formed in DE on 3/13/19. NY Sec. of State designated agent of LLC upon whom process against it may be served and shall mail process to: Cogency Global Inc., 10 E. 40th St., 10th Fl., NY, NY 10016. DE addr. of LLC: 850 New Burton Rd., Ste. 201, Dover, DE 19904. Cert. of Form. filed with DE Sec. of State, 401 Federal St., Dover, DE 19901. Purpose: any lawful activity. Notice of Formation of Hip Hop Ventures, LLC. Arts. of Org. filed with NY Dept. of State on 8/26/19. Office location: NY County. Sec. of State designated agent of LLC upon whom process against it may be served and shall mail process to: 131 W. 35th St., 8th Fl., NY, NY 10001, principal business address. Purpose: all lawful purposes. Diane Nelson CPA LLC Articles of Organization filed with the Secretary of State of New York on 8/19/19. Office location: Kings County, NY. Secretary of State of NY has been designated as agent upon whom process against LLC may be served. Secretary of State shall mail process to : The LLC Attn: Diane Nelson 225 4th Avenue 8a Brooklyn NY 11215 Purpose: Any lawful purpose

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CityAndStateNY.com / PUBLIC and LEGAL NOTICES

NOTICE OF SALE SUPREME COURT FOR THE STATE OF NEW YORK, COUNTY OF BROOKLYN CROSBY CAPITAL USA, LLC; Plaintiff v. WAHEED EGBO, et al; Defendants Attorney for Plaintiff: Hasbani & Light, P.C., 450 7th Ave, Suite 1408, NY, NY 10123; (212) 643-6677Pursuant to judgment of foreclosure and sale granted herein on 05/29/19, I will sell at Public Auction to the highest bidder in the Supreme Court of the State Of New York, County of Kings - 360 Adams Street, Room 224, Brooklyn, NY 11201. On September 26, 2019 at 2:30 pm. Premises known as 107 Harman Street, Brooklyn, NY 11221, Block: 3275 Lot: 62 All that certain plot, piece or parcel of land, situate, lying and being in the Borough of Brooklyn, County of Kings, City and State of New York. As more particularly described in the judgment of foreclosure and sale. Sold subject to all of the terms and conditions contained in said judgment and terms of sale. Approximate amount of judgment: $963,987.79 plus interest and costs. Index Number: 502722/2014 Aaron Maslow, Esq., Referee YOGI TEA BAR LLC Art. Of Org. Filed Sec. of State of NY 7/24/19. Off. Loc. : New York Co. SSNY designated as agent upon whom process against it may be served. SSNY to mail copy of process to The LLC, c/o Gurdip Singh Josan, 193 Fredrick Street, Paramus, NJ 07652. Purpose: Any lawful act or activity. Notice of Formation of VIRIDIAN SKYFALL LLC filed with SSNY on July 22, 2019. Office: Richmond County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: Attn: US Corporation Agents, 7014 13th Avenue, Suite 202, Brooklyn, NY 11228. Purpose: any lawful act or activity.

Notice of Qualification of CONSTANTIA VENTURES LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 07/23/19. Office location: NY County. LLC formed in Delaware (DE) on 06/21/19. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to 95 Worth Street, Apartment 8E, New York, NY 10013. DE addr. of LLC: Harvard Business Services, Inc., 16192 Coastal Highway, Lewes, DE 19958. Cert. of Form. filed with Secy. of State of the State of DE, Div. of Corps., 401 Federal Street - Suite 4, Dover, DE 19901. Purpose: Any lawful activity. Notice of Formation of The Love Of Flowers NYC LLC, filed with SSNY on August 20th, 2019. Office: NY County. SSNY designated agent of LLC upon whim process against it may be serve. SSNY shall mail copy of processs to LLC. 27 Maple Street, Sleepy Hollow, NY 10591. Purpose: any lawful act or activity. RAUSA RUSSO LAW, PLLC, Arts. of Org. filed with SSNY 08/02/2019. Office loc: NY County. SSNY has been designated as agent upon whom process against LLC may be served. SSNY shall mail process to the LLC: 30 Broad Street, 14th Floor, New York, NY 10004. Purpose: Any Lawful Purpose. MNYS 300 GENESEE LLC. Arts. of Org. filed with the SSNY on 08/23/19. Office: New York County. SSNY designated as agent of the LLC upon whom process against it may be served. SSNY shall mail copy of process to the LLC, 475 Riverside Drive, 16th Floor, New York, NY 10115. Purpose: Any lawful purpose.

LEGALNOTICES@ CITYANDSTATENY.COM

September 30, 2019

Notice of Formation of THEATRE NERD PRODUCTIONS, LLC Arts. of Org. filed with Secy. of State of NY (SSNY) on 08/29/19. Office location: NY County. Princ. office of LLC: 67 E. 82nd St., NY, NY 10028. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to the LLC at the addr. of its princ. office. Purpose: Any lawful activity. Notice of Qualification of SARDIS DEVELOPMENTS, LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 08/23/19. Office location: NY County. LLC formed in Delaware (DE) on 05/22/19. Princ. office of LLC: 84 Wooster St., Ste. #603, NY, NY 10012. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to the LLC at the princ. office of the LLC. DE addr. of LLC: c/o Corporation Service Co., 251 Little Falls Dr., Wilmington, DE 19808. Cert. of Form. filed with Secy. of State, Corp. Div., John G. Townsend Bldg., 401 Federal St., Ste. 4, Dover, DE 19901. Purpose: Investment management. NOTICE OF SALE Supreme Court — County Of Kings US Bank National Association , Plaintiff, vs. Denise Charles, et al, Defendant(s). Pursuant to a Judgment of Foreclosure and Sale; the undersigned Referee will sell at public auction in Room 224 of the Kings County Courthouse, 360 Adams Street, Brooklyn, N.Y. on October 25, 2019 at 2:30 P.M.; the premises described as follows: All that parcel of land, being in the County of Kings, City and State of New York; known as 1138 Lafayette Avenue; Block 3273, Lot 21. Approximate amount of lien $715,632.95, plus interest and costs. Premises will be sold subject to provisions of the Judgment, Index No. 508083-17. Aaron Tyk. Esq. Referee Shapiro Dicaro & Barak Attorney for Plaintiff 175 Mile Crossing Boulevard Rochester NY 14624 585770-2108

CARE AND PROTECTION, TERMINATION OF PARENTAL RIGHTS, SUMMONS BY PUBLICATION, DOCKET NUMBER 19CP0164NE Trial Court of Massachusetts, Juvenile Court Department, COMMONWEALTH OF MASSACHUSETTS, Bristol County Juvenile Court, 75 No. Sixth Street, New Bedford, MA 02740 TO: Rose Mary Colon-Rivera: A petition has been presented to this court by DCF (New Bedford), seeking, as to the following child: David Carrasquillo, that said child be found in need of care and protection and committed to the Department of Children and Families. The court may dispense the rights of the person(s) named herein to receive notice of or to consent to any legal proceeding affecting the adoption, custody, or guardianship or any other disposition of the child named herein, if it finds that the child is in need of care and protection and that the best interests of the child would be served by said disposition. You are hereby ORDERED to appear in this court, at the court address set forth above, on the following date and time: 01/16/2020 at 09:00 AM Pre Trial Conference (CR/CV) You may bring an attorney with you. If you have a right to an attorney and if the court determines that you are indigent, the court will appoint an attorney to represent you. If you fail to appear, the court may proceed on that date and any date thereafter with a trial on the merits of the petition and an adjudication of this matter. For further information call the Office of the Clerk-Magistrate at 508-999-9700. WITNESS: John S. Spinale, FIRST JUSTICE, Roger J. Oliveira, Acting Clerk Magistrate, DATE ISSUED: 09/04/2019 Notice of Formation of Red Arrow Advisors, LLC. Arts. of Org. filed with Secy. of State of NY (SSNY) on 08/14/19. Office location: NY County. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to: c/o Richard P. Altieri, Carnelutti & Altieri Esposito Minoli PLLC, 551 Madison Ave., Ste. 450, NY, NY 10022. Purpose: any lawful activities. BATTERY PARK GOURMET CAFE, LLC Art. Of Org. Filed Sec. of State of NY 5/16/19. Off. Loc. : New York Co. SSNY designated as agent upon whom process may be served & shall mail proc.: c/o Gieto Nicaj, 17 Battery Place, New York, NY 10004. Purpose: Any lawful act or activity. FRASHON COMMUNICATIONS LLC filed with SSNY 9/11/2019. Office loc: NY County. SSNY has been designated as agent upon whom process against LLC may be served. SSNY shall mail process to: The LLC, Attn: Vashon Smith 523 West 143rd street Apt 5B New York, NY 10031. Purpose: Any Lawful Purpose.

JOHN DICHIARA & ASSOCIATES LLC, Arts. of Org. filed with the SSNY on 11/01/2018. Office loc: NY County. SSNY has been designated as agent upon whom process against the LLC may be served. SSNY shall mail process to: Legalinc Corp. Svcs Inc., 1967 Wehrle Dr., Ste 1 #086, Buffalo, NY 14221. Reg Agent: Legalinc Corp. Svcs Inc., 1967 Wehrle Dr., Ste 1 #086, Buffalo, NY 14221. Purpose: Any Lawful Purpose. Notice of Qualification of 11 OUNCES, LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 08/19/19. Office location: Kings County. LLC formed in Ohio (OH) on 12/26/18. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to The LLC, c/o Cummins Law LLC, 312 Walnut Street, Suite 1530, Cincinnati, Ohio 45202. OH addr. of LLC: 11 Ounces LLC, c/o Cummins Law LLC, 312 Walnut Street, Suite 1530, Cincinnati, Ohio 45202. Copy of Articles of Organization filed with Secy. of State of OH, 180 East Broad Street, 16th Floor, Columbus, OH 43215. Purpose: Any lawful activity.

Notice of Qualification of JAYADIT BUILDERS LIMITED LIABILITY COMPANY Appl. for Auth. filed with Secy. of State of NY (SSNY) on 06/24/2019. Office location: Richmond County, NY. LLC formed in New Jersey (NJ) on 01/29/2015. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to c/o Corporation Service Co. (CSC), 80 State St., Albany, NY 12207-2543. NJ addr. of LLC: JayAdit Builders, Limited Liability Company, 47 Rosewood Rd, Edison, NJ 08817. Cert. of Form. filed with State Treasurer of the State of NJ, Div. of Revenue and Enterprise Services, 33 W State St, #5th, Trenton, NJ 08608. Purpose: all lawful purposes.

Notice of Formation of WILLIAMSBURG PRESERVATION DEVELOPERS LLC. Arts. of Org. filed with Secy. of State of NY (SSNY) on 08/26/19. Office location: NY County. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to: c/o Omni New York LLC, 909 Third Ave., 21st Fl., NY, NY 10022. Purpose: any lawful activities. KENT TOWER REALTY LLC Art. Of Org. Filed Sec. of State of NY 8/30/19. Off. Loc. : New York Co. SSNY designated as agent upon whom process against it may be served. SSNY to mail copy of process to The LLC, 242 East 74TH Street, New York, NY 10021. Purpose: Any lawful act or activity. Notice of Formation of Lantern Class A Member, LLC. Arts. of Org. filed with NY Dept. of State on 9/12/19. Office location: NY County. Princ. bus. addr.: 1501 Broadway, 28th Fl., NY, NY 10036. Sec. of State designated agent of LLC upon whom process against it may be served and shall mail process to: Manatt, Phelps & Phillips LLP, c/o Randi Seigel, 7 Times Square, NY, NY 10036. Purpose: any lawful activity


PUBLIC and LEGAL NOTICES / CityAndStateNY.com

September 30, 2019

NOTICE OF SALE

STORAGE NOTICE

Supreme Court — County Of Kings US Bank National Association , Plaintiff, vs. Denise Charles, et al, Defendant(s). Pursuant to a Judgment of Foreclosure and Sale; the undersigned Referee will sell at public auction in Room 224 of the Kings County Courthouse, 360 Adams Street, Brooklyn, N.Y. on October 25, 2019 at 2:30 P.M.; the premises described as follows: All that parcel of land, being in the County of Kings, City and State of New York; known as 1138 Lafayette Avenue; Block 3273, Lot 21. Approximate amount of lien $715,632.95, plus interest and costs. Premises will be sold subject to provisions of the Judgment, Index No. 508083-17. Aaron Tyk. Esq. Referee Shapiro Dicaro & Barak Attorney for Plaintiff 175 Mile Crossing Boulevard Rochester NY 14624 585770-2108

Modern Moving Inc. will sell at Public Auction at 3735 Merritt Avenue, Bronx, NY 10466 At 6:00 P.M. on October 08th, 2019 for due and unpaid charges by virtue of lien in accordance with the provisions of the law and with due notice given all parties claiming an interest therein, the time specified In each notice for payment of said charges having expired household furniture & effects, pianos, trunks, cases, TV’s, radios, hifi’s, refrigerators, sewing machines, washers, air conditioners, household furniture Of all descriptions and the contents thereof, stored under the following names: -TALLEY WHITE NINA -HINES, JACQUELINE STORAGE NOTICE Midtown Moving & Storage Inc. will sell at Public Auction at 810 East 170th Street, Bronx, NY 10459 At 6:00 P.M. on OCTOBER 08th, 2019 for due and unpaid charges by virtue of lien in accordance with the provisions of the law and with due notice given all parties claiming an interest therein, the time specified In each notice for payment of said charges having expired household furniture & effects, pianos, trunks, cases, TV’s, radios, hifi’s, refrigerators, sewing machines, washers, air conditioners, household furniture Of all descriptions and the contents thereof, stored under the following names:

Notice of Formation of Plastic Surgery and Skincare NY, PLLC. Arts. of Org. filed with Secy. of State of NY (SSNY) on 08/16/19. Office location: NY County. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to: Steven Levine, 308 East 72nd St., Apt 8D, NY, NY 10021. Purpose: to practice the profession of Medicine.

-AKMAN, CATHARINE -ANTOINE, PAUL -ADER, ADAM -FAYZULLAEV, JAMSHID -FITZPATRICK, ALETHA -GUTIERREZ, JESSICA -HAULMAN, ISAAC -HERNANDEZ, LUIS/ HERNANDEZ, CESAR -KELLY, KIRK -LITTLE,REGINA/CARR DANIEL -MARTIN, JUDY -MCKAY, XAVIER

-OZELISON EDUARDO/ JHON DOE/JANE DOE -JASHANE, PLOWDEN -PINEDA, CARMEN -QUINONES, SOBEIDA FIGUEROA -RUPINSKI, STEPHEN -ROBLES, FRANCISCO -RODRIGUEZ, LOURDES -STRONG, LOUISE -VELEZ, JUAN -ZAMBOU, CAROLINE -FERN, GIL

Notice of Formation of Amanda Mazin Consultants LLC filed with SSNY on September 11, 2019. Office: Westchester County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: c/o Zachary Mazin, McKool Smith, One Bryant Park, 47th Fl, NY, NY 10036. Purpose: any lawful act or activity.

NOTICE IS HEREBY GIVEN THAT A LICENSE, SERIAL # 1320818 FOR LIQUOR, WINE, & BEER HAS BEEN APPLIED FOR BY THE UNDERSIGNED TO SELL LIQUOR, WINE, & BEER AT RETAIL UNDER THE ALCOHOLIC BEVERAGE CONTROL LAW AT 1801 HYLAN BLVD STATEN ISLAND, NY 10305. RICHMOND COUNTY, FOR ON PREMISE CONSUMPTION.

Notice of Qualification of COATUE CT 55 LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 08/20/19. Office location: NY County. LLC formed in Delaware (DE) on 08/16/19. Princ. office of LLC: 9 W. 57th St., 25th Fl., NY, NY 10019. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to the LLC, Attn: Philippe Laffont at the princ. office of the LLC. DE addr. of LLC: c/o Corporation Service Co., 251 Little Falls Dr., Wilmington, DE 19808. Cert. of Form. filed with Secy. of State of the State of DE, Div. of Corps., John G. Townsend Bldg., Federal & Duke of York Sts., Dover, DE 19901. Purpose: Any lawful activity.

CLEVENGER BEACH LLC, Arts. of Org. filed with the SSNY on 08/27/2019. Office loc: NY County. SSNY has been designated as agent upon whom process against the LLC may be served. SSNY shall mail process to: Keith M. Bloomfield C/O Forbes Family Trust, 767 Fifth Ave., 6th Fl, NY, NY 10153. Purpose: Any Lawful Purpose.

CAMPANIA BUEL LLC

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LEGALNOTICES@ CITYANDSTATENY.COM

Notice of Qualification of COATUE CT 56 LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 08/20/19. Office location: NY County. LLC formed in Delaware (DE) on 08/16/19. Princ. office of LLC: 9 W. 57th St., 25th Fl., NY, NY 10019. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to the LLC, Attn: Philippe Laffont at the princ. office of the LLC. DE addr. of LLC: c/o Corporation Service Co., 251 Little Falls Dr., Wilmington, DE 19808. Cert. of Form. filed with Secy. of State of the State of DE, Div. of Corps., John G. Townsend Bldg., Federal & Duke of York Sts., Dover, DE 19901. Purpose: Any lawful activity. Notice of Formation of 459 CENTRAL AVE LLC filed with SSNY on September 5, 2019. Office: Kings County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: 446 Kent Ave Apt 3B, Brooklyn, NY 11249. Purpose: any lawful act or activity. Notice of Formation of DINOCORN, LLC filed with SSNY on August 8, 2019. Office: NY County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: 12 W 18TH ST, SUITE 4E, NY, NY 10011. Purpose: any lawful act or activity. Notice of Qualification of COATUE CT 54 LLC Appl. for Auth. filed with Secy. of State of NY (SSNY) on 08/20/19. Office location: NY County. LLC formed in Delaware (DE) on 08/16/19. Princ. office of LLC: 9 W. 57th St., 25th Fl., NY, NY 10019. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to the LLC, Attn: Philippe Laffont at the princ. office of the LLC. DE addr. of LLC: c/o Corporation Service Co., 251 Little Falls Dr., Wilmington, DE 19808. Cert. of Form. filed with Secy. of State of the State of DE, Div. of Corps., John G. Townsend Bldg., Federal & Duke of York Sts., Dover, DE 19901. Purpose: Any lawful activity.

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PUBLIC NOTICE

PUBLIC NOTICE

Notice of Auction Sale is herein given that Access Self Storage of Long Island City located at 2900 Review Avenue, Long Island City, N.Y. 11101 will take place on WWW. STORAGETREASURES. COM Sale by competitive bidding starting on October 4, 2019 and end on October 18, 2019 at 12:00 p.m. to satisfy unpaid rent and charges on the following accounts:

Cellco Partnership and its controlled affiliates doing business as Verizon Wireless (Verizon Wireless) proposes to collocate wireless communications antennas at a top height of 84-feet on the building rooftop at the approx. vicinity of 2911 86th Street, Brooklyn, Kings County, NY 11223. Public comments regarding potential effects from this site on historic properties may be submitted within 30 days from the date of this publication to: Trileaf Corp, Jessica Cilento, j.cilento@ trileaf.com 1051 Winderley Place, Suite 201, Maitland, Florida 32751.

Contents of rooms generally contain misc. #139George Anderson; 10 boxes, 16 plastic totes, 4 rolling file cabinets, 1 small refrigerator #230-George M. Laws; 2 black bags, large plastic tote, 1 folding chair,# 1702-Quinsessa Harrison; Bags, boxes, totes, 2 crates with vinyl records. The contents of each unit will be sold as a lot and all items must be removed from the premises within 72 hours. Owners may redeem their goods by paying all rent and charges due at any time before the sale. All sales are held “with reserve”. Owner reserves the right to cancel sale at any time. PUBLIC NOTICE Notice of Auction Sale is herein given that Citiwide Self Storage located at 45-55 Pearson Street, Long Island City, N.Y. 11101 will take place on WWW. STORAGETREASURES. COM Sale by competitive bidding starting on October 4, 2019 and end on October 18, 2019 at 10:00 a.m. to satisfy unpaid rent and charges on the following accounts: Contents of rooms generally contain miscellaneous items: Isaac Sutton#5D08 4-Monitors,fax machine ,boxes, duffle bag, keyboard. The contents of each unit will be sold as a lot and all items must be removed from the premises within 72 hours. Owners may redeem their goods by paying all rent and charges due at any time before the sale. All sales are held “with reserve”. Owner reserves the right to cancel sale at any time.

Notice of Formation of PICTURE TAKER LLC Arts. of Org. filed with Secy. of State of NY (SSNY) on 09/13/19. Office location: NY County. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to Corporation Service Co., 80 State St., Albany, NY 12207-2543. Purpose: Any lawful activity. PUBLIC NOTICE New York City Dept. of Consumer Affairs Notice of Public Hearing Notice is hereby given, pursuant to law, that the NYC Department of Consumer Affairs will hold a public hearing on WEDNESDAY, OCTOBER 16, 2019 2 P.M. at 42 Broadway, 5th floor, on a petition for independent 225 WEST BROADWAY CORP to ESTABLISH, MAINTAIN, AND OPERATE an unenclosed sidewalk cafe at 225 W BROADWAY IN THE BOROUGH OF MANHATTAN FOR A TERM OF TWO YEARS. REQUEST FOR COPIES OF THE REVOCABLE CONSENT AGREEMENT MAY BE ADDRESSED TO: DEPT. OF CONSUMER AFFAIRS, 42 BROADWAY, NEW YORK, NY 10004 ATTN: FOIL OFFICER LEGALNOTICES@ CITYANDSTATENY.COM


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CityAndStateNY.com / PUBLIC and LEGAL NOTICES

Coin Group, LLC, Arts. of Org. filed with SSNY 12/11/2018. Office loc: NY County. SSNY has been designated as agent upon whom process against LLC may be served. SSNY shall mail process to: The INC, Attn: United States Corporation Agents, 7014 13th Avenue, Suite 202, Brooklyn, NY 11228. Purpose: Any Lawful Purpose. Notice of Formation of Conca, LLC filed with SSNY on September 19, 2019. Office: NY County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: 308 East 72nd Street, 4B, NY, NY 10021. Purpose: any lawful act or activity. PUBLIC NOTICE AT&T proposes to modify an existing facility (new tip heights 97’) on the building at 488 Morgan Avenue, Brooklyn, NY (20191524). Interested parties may contact Scott Horn (856-809-1202) (1012 Industrial Dr., West Berlin, NJ 08091) with comments regarding potential effects on historic properties. PUBLIC NOTICE Cellco Partnership and its controlled affiliates doing business as Verizon Wireless (Verizon Wireless) proposes to collocate wireless communications antennas at two (2) locations. Antennas will be installed at a top height of 136 feet on a 139-foot existing building at the approx. vicinity of 66 Van Cortlandt Park South, Bronx, Bronx County, NY 10463. Antennas will be installed at a top height of 108 on a 111-foot existing building at the approx. vicinity of 370 Park Avenue, New York, New York County, NY 10022. Public comments regarding potential effects from this site on historic properties may be submitted within 30 days from the date of this publication to: Trileaf Corp, Lauren Schramm l.schramm@trileaf.com, 1395 South Marietta Pkwy, Building 400 Suite 209, Marietta, GA 30067, 678653-8673.

PUBLIC NOTICE Cellco Partnership and its controlled affiliates doing business as Verizon Wireless (Verizon Wireless) proposes to collocate wireless communications antennas at a top height of 51 feet on a 45-foot existing building at the approx. vicinity of 550 North Street, White Plains, Westchester County, NY 10605. Public comments regarding potential effects from this site on historic properties may be submitted within 30 days from the date of this publication to: Trileaf Corp, Lauren Schramm l.schramm@trileaf.com, 1395 South Marietta Pkwy, Building 400 Suite 209, Marietta, GA 30067, 678653-8673” PUBLIC NOTICE Cellco Partnership and its controlled affiliates doing business as Verizon Wireless (Verizon Wireless) proposes to collocate wireless communications antennas at a top height of 52 feet on a 43-foot building at the approx. vicinity of 42 Memorial Plaza, Pleasantville, Westchester County, NY 10570. Public comments regarding potential effects from this site on historic properties may be submitted within 30 days from the date of this publication to: Trileaf Corp, Lauren Schramm l.schramm@ trileaf.com, 1395 South Marietta Pkwy, Building 400 Suite 209, Marietta, GA 30067, 678-653-8673.” Notice of Formation of TCD Management, LLC filed with SSNY on August 12, 2019. Office: Kings County. United States Corporation Agents, Inc. designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: 488 Central Avenue Apt 1 Brooklyn, NY 11221. Purpose: any lawful act or activity. Notice of Nikolas Trading Company, LLC filed with SSNY on June 17, 2019. Office: NY County. SSNY designated agent of LLC upon whom process against it may be served. SSNY shall mail copy of process to LLC: 47 Titus Road, Glen Cove, NY 11542. Purpose: any lawful act or activity.

September 30, 2019

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF KINGS U.S. BANK NATIONAL ASSOCIATION, V. ST. CLAIR JOHN; ET AL. NOTICE OF SALE NOTICE IS HEREBY GIVEN pursuant to a Final Judgment of Foreclosure dated July 23, 2019, and entered in the Office of the Clerk of the County of Kings, wherein U.S. BANK NATIONAL ASSOCIATION is the Plaintiff and ST. CLAIR JOHN; ET AL. are the Defendant(s). I, the undersigned Referee will sell at public auction at the KINGS COUNTY COURTHOUSE, ROOM 224, 360 ADAMS STREET, BROOKLYN NY 11201, on October 31, 2019 at 2:30PM, premises known as 134 EAST 92ND STREET, BROOKLYN, NY 11212: Block 4610, Lot 26: ALL THAT CERTAIN LOT OR PARCEL OF LAND, WITH THE BUILDINGS AND IMPROVEMENTS THEREON ERECTED, SITUATE, LYING AND BEING IN THE BOROUGH OF BROOKLYN, COUNTY OF KINGS, CITY AND STATE OF NEW YORK Premises will be sold subject to provisions of filed Judgment Index # 501789/2017. JAMES MARTIN CAFFREY, Esq. - Referee. RAS Boriskin, LLC 900 Merchants Concourse, Suite 310, Westbury, New York 11590, Attorneys for Plaintiff.

BEGINNER’S EAR LLC, Arts. of Org. filed with the SSNY on 09/24/2019. Office loc: NY County. SSNY has been designated as agent upon whom process against the LLC may be served. SSNY shall mail process to: Corinna Da Fonseca-Wollheim, 450 North End Ave., 23A, NY, NY 10282. Purpose: Any Lawful Purpose. Notice of Qualification of RAHF IV Harbor Hill, L.P. Authority filed with NY Dept. of State on 4/2/19. Office location: NY County. Princ. bus. addr.: 551 5th Ave., 23rd Fl., NY, NY 10176. LP formed in DE on 5/15/18. NY Sec. of State designated agent of LP upon whom process against it may be served and shall mail process to: Cogency Global Inc. (CGI), 10 E. 40th St., Fl. 10, NY, NY 10016. DE addr. of LP: c/o CGI, 850 New Burton Rd., Ste. 201, Dover, DE 19904. Name/ addr. of genl. ptr. available from NY Sec. of State. Cert. of LP filed with DE Sec. of State, 401 Federal St., Dover, DE 19901. Purpose: any lawful activity.

LEGALNOTICES@ CITYANDSTATENY.COM

PUBLIC NOTICE SprintCom, Inc. proposes an antenna and equipment upgrade atop an existing 138.6’ building at 418-422 Columbus Ave in Manhattan, New York, NY. In accordance with the National Historic Preservation Act of 1966, as amended and the 2005 Nationwide Programmatic Agreement for Review Under the National Preservation Act; Final Rule, SPRINT is hereby notifying the public of the proposed undertaking and soliciting comments on Historic Properties which may be affected by the proposed undertaking. Accordingly, if you would like to provide specific information regarding potential effects that the proposed undertaking might have to properties that are listed on or eligible for listing in the National Register of Historic Places and located within ½ mile of the above address, please submit the property’s address and your comments to: Charles Cherundolo Consulting, Inc. at 976 Tabor Road, Suite 4B, Morris Plains, NJ 07950 or via email at tcns@cherundoloconsulting.com.

PUBLIC NOTICE SprintCom, Inc. (SPRINT) proposes a microwave antenna and equipment installation at an existing SPRINT facility atop the following (existing) buildings in the Bronx, Bronx County, NY: 1) 1744 Clay Ave; 2) 905 Brush Ave and 3) 2242 Hughes Ave. Atop the following buidings in the Borough of Queens, NY: 1) 64-11 Beach Channel Dr in Arverne; 2) 110-14 Astoria Blvd in East Elmhurst; 3) 17-20 Whitestone Expwy in Whitestone; 4) 23-35 Broadway in Astoria; 5) 51-15 Beach Channel Dr in Far Rockaway; 6) 222-89 Braddock Ave in Queens Village; and 7) 31-77 32nd St in Astoria. Atop the following buidings in Brooklyn, Kings County, NY: 1) 101 Ocean Pkwy; 2) 1625 Rockaway Pkwy; 3) 50 South 4th St; 4) 706 Eastern Pkwy; 5) 600 East 26th St; 7) 100 Caton Ave; 8) 72 Emerson Pl; 9) 382-390 Eastern Pkwy; 10) 945-947 E 94th St; 11) 725 4th Ave; 12) 390 Nostrand Ave; 13) 370 Ocean Pkwy; 14) 561 Court St ; 15) 770 New York Ave; 16) 4 Decatur St; 17) 562 Bedford Ave; 18) 145 Division Ave; 19) 1042 50th St and 20) 395 Maple St. In addition, SPRINT proposes an antenna and equipment upgrade projects at existing SPRINT sites atop buildings located at two sites in Staten Island, Richmond County, NY: 1) 275 Castleton Ave and 2) 135 Vanderbilt Ave; as well 3) 43 Calton Rd in New Rochelle, Westchester County, NY; 4) 326 Audobon Ave in Manhattan, NY, NY and 5) 175-15 Rockaway Blvd in Jamaica, Borough of Queens, NY. In addition, SPRINT proposes projects in the Bronx, Bronx County, NY: 1) 1574 Leland Ave; 2) 1185 Lebanon St; 3) 2115 Washington Ave; 4) 2431 Crotona Ave; 5) 3410 De Reimer Ave; 6) 2032 Valentine Ave; 7) 1694 Davidson Ave and 8) 1940 Andrews Ave S. In accordance with the National Historic Preservation Act of 1966, as amended and the 2005 Nationwide Programmatic Agreement for Review Under the National Preservation Act; Final Rule, SPRINT is hereby notifying the public of the proposed undertaking and soliciting comments on Historic Properties which may be affected by the proposed undertaking. Accordingly, if you would like to provide specific information regarding potential effects that the proposed undertaking might have to properties that are listed on or eligible for listing in the National Register of Historic Places and located within ½ mile of the above address, please submit the property’s address and your comments to: Charles Cherundolo Consulting, Inc. at 976 Tabor Rd, Suite 4B, Morris Plains, NJ 07950 or via email at tcns@cherundoloconsulting.com.

LEGALNOTICES@CITYANDSTATENY.COM


September 30, 2019

PUBLIC and LEGAL NOTICES / CityAndStateNY.com

PUBLIC NOTICE PUBLIC NOTICE Cellco Partnership and its controlled affiliates doing business as Verizon Wireless (Verizon Wireless) proposes to build a 110-foot monopole Communications Tower. Anticipated lighting application is medium intensity dual red/white strobes. The Site location is 10 Tripp Lane, Armonk, Westchester County, NY 10504, Lat: 41-8-2.52, Long: -73-4121.93. The Federal Communications Commission (FCC) Antenna Structure Registration (ASR, Form 854) filing number is A1143272. ENVIRONMENTAL EFFECTS – Interested persons may review the application (www.fcc.gov/ asr/applications) by entering the filing number. Environmental concerns may be raised by filing a Request for Environmental Review (www.fcc. gov/asr/environmentalrequest) and online filings are strongly encouraged. The mailing address to file a paper copy is: FCC Requests for Environmental Review, Attn: Ramon Williams, 445 12th Street SW, Washington, DC 20554. HISTORIC PROPERTIES EFFECTS – Public comments regarding potential effects on historic properties may be submitted within 30 days from the date of this publication to: Trileaf Corp, Lauren Schramm, l.schramm@ trileaf.com, 1395 South Marietta Parkway, Building 400, Suite 209, Marietta, GA 30067, 678-6538673. Notice of Qualification of RAHF IV Sunset Gardens, L.P. Authority filed with NY Dept. of State on 4/2/19. Office location: NY County. Princ. bus. addr.: 551 5th Ave., 23rd Fl., NY, NY 10176. LP formed in DE on 5/15/18. NY Sec. of State designated agent of LP upon whom process against it may be served and shall mail process to: Cogency Global Inc. (CGI), 10 E. 40th St., Fl. 10, NY, NY 10016. DE addr. of LP: c/o CGI, 850 New Burton Rd., Ste. 201, Dover, DE 19904. Name/ addr. of genl. ptr. available from NY Sec. of State. Cert. of LP filed with DE Sec. of State, 401 Federal St., Dover, DE 19901. Purpose: any lawful activity.

UNCLAIMED FUNDS! Insurance companies We can publish unclaimed funds for you quickly, easily and efficiently. WANT MORE INFO? EMAIL: LEGALNOTICES@CITYANDSTATENY.COM

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38 CityAndStateNY.com

September 30, 2019

CITY & STATE NEW YORK MANAGEMENT & PUBLISHING CEO Steve Farbman, President & Publisher Tom Allon tallon@cityandstateny.com, Comptroller David Pirozzi, Business & Operations Manager Patrea Patterson, Administrative Assistant Lauren Mauro

Who was up and who was down last week

CREATIVE Art Director Andrew Horton, Senior Graphic Designer Alex Law, Graphic Designer Aaron Aniton

LOSERS

DIGITAL Digital Marketing Director Maria Cruz Lee, Digital Content Coordinator Michael Filippi, Social Media Editor/ Content Producer Amanda Luz Henning Santiago

RUDY GIULIANI President Donald Trump’s lawyer, the former New York City mayor, might have opened his loud mouth a little too far when he copped to pressuring Ukrainian President Volodymyr Zelensky to dig for political dirt on former Vice President Joe Biden. Since then, more and more details have been unearthed about Giuliani and Trump’s Ukranian plot, prompting a formal impeachment inquiry. Sad!

ADVERTISING Vice President of Advertising Jim Katocin jkatocin@ cityandstateny.com, Account/Business Development Executive Scott Augustine saugustine@cityandstateny.com, Event Sponsorship Strategist Danielle Koza dkoza@ cityandstateny.com, Sales Associate Cydney McQuillanGrace cydney@cityandstateny.com, Junior Sales Executive Caitlin Dorman, Legal Advertising Executive Shakirah Gittens legalnotices@cityandstateny.com, Junior Sales Associate Chris Hogan EVENTS events@cityandstateny.com Sales Director Lissa Blake, Events Manager Alexis Arsenault, Event Coordinator Amanda Cortez, Editorial Research Associate Evan Solomon

Vol. 8 Issue 37 September 30, 2019 THE FINANCE POWER

WELCOME HOME TO

THE BEST OF THE REST

THE REST OF THE WORST

MATTHEW DRISCOLL

BILL DE BLASIO

MICHAEL MULGREW

GALE BREWER

HELEN ROSENTHAL

BYRON BROWN

BERNIE SANDERS

ADAM NEUMANN

The Thruway Authority got the authority to fix a thruway through Seneca land. Teachers everywhere celebrated UFT’s monumental victory: getting the day before Christmas Eve off. The City Council passed her bill to kill ghost guns – before they kill anyone else. Now all his bros have more time to decide they’re Dems so they can vote for him.

He caved on the SHSAT, letting parents keep test-prepping kids into Stuyvesant. The BP’s maligned study on home values near homeless shelters made her look like a champion for the landed gentry.

50

THE LEAST POWERFUL MAN IN NEW YORK CIT YANDSTATENY.COM

@CIT YANDSTATENY

September 30, 2019

Cover image MediaPunch/Shutterstock

Getting an A+ is great ... unless it’s your city’s credit rating. Better luck, Buffalo. WeWork was the pride of NYC’s startup scene. With its CEO disgraced, oh, how the pingpong work tables have turned.

WINNERS & LOSERS is published every Friday morning in City & State’s First Read email. Sign up for the email, cast your vote and see who won at cityandstateny.com.

CITY & STATE NEW YORK (ISSN 2474-4107) is published weekly, 48 times a year except for the four weeks containing New Year’s Day, July 4th, Thanksgiving and Christmas by City & State NY, LLC, 61 Broadway, Suite 1315, New York, NY 10006-2763. Periodicals postage paid at New York, NY and at additional mailing offices. POSTMASTER: Send address changes to City & State New York, 61 Broadway, Suite 1315, New York, NY 10006-2763. General: (212) 268-0442, subscribe@cityandstateny.com Copyright ©2019, City & State NY, LLC

MTA; ALBERT H. TEICH/SHUTTERSTOCK

POLLY TROTTENBERG Imagine it: A world where drivers can’t run over pedestrians without consequence! New York City’s Right of Way law, which ensures that drivers face criminal penalties when they severely injure or kill pedestrians or cyclists who have the right of way, was upheld as constitutional. Though the law has faced a number of challenges, New York City Transportation Department Commissioner Polly Trottenberg can now relax and enjoy the taste of victory.

OUR PICK

OUR PICK

WINNERS

The Big Apple? Fuhgettaboutit. It was the Big Peach last week, with all the talk of impeachment. It’s all going down in Washington, D.C., but make no mistake, this is shaping up to be a real Manhattan rumble – West Side Jerry versus East Side Donald, and his sidekick, Rudy. Keep your eye on this space – and, uh, every single other news outlet – because there are sure to be a lot of Winners & Losers.

EDITORIAL editor@cityandstateny.com Editor-in-Chief Jon Lentz jlentz@cityandstateny.com, Managing Editor Ryan Somers, Senior Editor Ben Adler badler@cityandstateny.com, Special Projects Editor Alice Popovici, Copy Editor Eric Holmberg, Staff Reporter Jeff Coltin jcoltin@cityandstateny.com, Staff Reporter Zach Williams zwilliams@cityandstateny.com, Staff Reporter Rebecca C. Lewis rlewis@cityandstateny.com, Tech & Policy Reporter Annie McDonough amcdonough@ cityandstateny.com, Staff Reporter Kay Dervishi


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OCTOBER 3, 2019 City & State’s HEALTH INNOVATION SUMMIT will inform healthcare decision makers, tech leaders and policy experts on the most critical issues and priorities in New York health tech. The full-day event brings insights and perspectives from the leading innovators, investors, payers, providers and policymakers who are driving the digital health revolution. Topics will include connected health devices, data privacy, health innovations in New York and more. Join us for a day of discussion with leaders at the intersection of health and technology. Physicians, nurses, and administrators in the private and public sectors share best practices to provide better healthcare to New Yorkers. Discussions will revolve around health programs and services, trends, data privacy and healthy smart cities which are driving the digital advancements in health. PANEL TOPICS WILL INCLUDE: INNOVATIVE HEALTH PROGRAMS AND SERVICES IN NEW YORK CONNECTED HEALTH DATA PRIVACY AND PROTECTION HEALTHY SMART CITIES

FEATURED SPEAKERS MITCHELL KATZ, President, NYC Health + Hospitals Assemblyman RICHARD GOTTFRIED, Chairman, Health Committee New York City Councilman MARK LEVINE, Chairman, Committee on Health JOHN COCHRAN, Deputy Director of the Executive Division, New York State Office for the Aging JOSHUA BREITBART, Deputy CTO, Mayor’s Office of the Chief Technology Officer, City of New York MICHAEL J. JABBOUR, Assistant Commissioner, New York City Department of Social ServicesNew York City Councilman ROBERT HOLDEN, Chairman, Committee on Technology SAM SOLOMON, Deputy Counsel, New York City Mayor’s Office of Information Privacy & Mayor’s Office of Operations DR. ANNIE FINE, Director, Reportable Disease Data Informatics and Analysis, New York City Department of Health and Mental Hygiene GARY BELKIN, Chief, Policy and Strategy Office of ThriveNYC RSVP at CityAndStateNY.com/Events For more information on programming and sponsorship opportunities, please contact Lissa Blake at lblake@cityandstateny.com

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