Tag Archives: investment

New citywide campaign calls for over $1B investment in libraries


By Queens Courier Staff | editorial@queenscourier.com

Photo courtesy of Councilman Jimmy Van Bramer's Office

A citywide campaign is looking to reach city leaders and call on them to invest in and fund public libraries.

The campaign “Invest in Libraries,” which was launched on Friday, is a partnership among library supporters, the Brooklyn Public Library, New York Public Library and Queens Library.

“Invest in Libraries” calls for a $65 million increase in operating expenses in this year’s budget in order to provide to the programs and services offered at the three library systems. It also calls for $1.1 billion in capital funding for critical renovations and maintenance.

Along with launching the campaign, a new report called “Long Overdue: NYC’s $1.1 Billion Library Fine,” was also released, sharing examples of branches that are in need of capital funding.

“Our city’s library branches are literally crumbling,” said Councilman Jimmy Van Bramer. “This report highlights the tremendous need and maintenance crisis that is plaguing our city’s neighborhood library branches. Without increasing the operating and capital budgets for the city’s three library institutions, millions of New Yorkers will continue to lose access to the very resources and programs that are pulling them into the middle class. Now is the time to act.”

In the report it says the city’s libraries are facing a “maintenance crisis” with problems such as overcrowding, chronic water damage, broken elevators, heating and cooling problems, and other issues. In some cases, because of inadequate funding, some libraries have been forced to make temporary fixes such as painting over leaks instead of replacing declining roofs, the report said.

The campaign also launched the website investinlibraries.org where people can “take action” and stay updated.

“In the first half of Fiscal Year ’15, visitorship at Queens Library is up. Attendance at free library programs is up 6.7 percent over the past 6 months, and up 43 percent over the past five years. We now have the opportunity and ability to do better for the people of this city — as the economy grows, so should the investment in libraries,” said Bridget Quinn-Carey, interim president and CEO of the Queens Library. “Together we can ensure all of our residents and communities grow and thrive.”

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Con Ed to invest $250 million to protect equipment against future storms


| mhayes@queenscourier.com

Con Ed has announced that it will secure $250 million for protecting city infrastructure and maintaining reliable service for customers during storms such as Sandy.

“Our commitment would represent an initial infusion of preventive measures [and] we expect that even greater investments will be needed as regional discussions evolve over the coming months and years,” the company said in a statement.

Con Ed invests nearly $2 billion annually in electric, gas and steam systems, but this $250 million will be reserved specifically for measures that can help protect critical equipment from flood damage.

To execute these measures, Con Ed would raise electrical relay houses in substations, install stronger barriers and flood pumps, and potentially put major overhead power lines underground.

“Con Ed recognizes that, in order to withstand a Category 2 hurricane, it needs to significantly harden its . . . systems,” said Mayor Michael Bloomberg. “As this planning work begins, we’ll also have to look to identify steps we can take immediately.”