Fernando Ferrer
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Fernando Ferrer
Fernando James Ferrer (born April 30, 1950) is an American politician who was the borough president of The Bronx from 1987 to 2001. Ferrer was a candidate for mayor of New York City in 1997 and 2001 and was the Democratic Party nominee for mayor in 2005, when he was defeated by Michael Bloomberg. Ferrer served on the New York City Council in the 1980s and has served as chairman and vice chairman of the Metropolitan Transportation Authority. Early life and education Ferrer grew up in the Longwood section of the South Bronx. He graduated from Catholic schools in the Bronx: St. Anselm Elementary School and Cardinal Spellman High School. Ferrer earned his B.A. degree from the University Heights Campus of New York University and his M.P.A. from Baruch College Baruch College (officially the Bernard M. Baruch College) is a public college in New York City. It is a constituent college of the City University of New York system. Named for financier and statesman Bernard M. Bar ...
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Metropolitan Transportation Authority
The Metropolitan Transportation Authority (MTA) is a public benefit corporation responsible for public transportation in the New York City metropolitan area of the U.S. state of New York. The MTA is the largest public transit authority in the United States, serving 12 counties in Downstate New York, along with two counties in southwestern Connecticut under contract to the Connecticut Department of Transportation, carrying over 11 million passengers on an average weekday systemwide, and over 850,000 vehicles on its seven toll bridges and two tunnels per weekday. History Founding In February 1965, New York Governor Nelson Rockefeller suggested that the New York State Legislature create an authority to purchase, operate, and modernize the Long Island Rail Road (LIRR). The LIRR, then a subsidiary of the Pennsylvania Railroad (PRR), had been operating under bankruptcy protection since 1949. The proposed authority would also have the power to make contracts or arrangements with ...
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Longwood, Bronx
Longwood is a mixed-use neighborhood geographically located in the southwest Bronx, New York City. Its boundaries, starting from the north and moving clockwise are East 167th Street to the north, the Bronx River and the Bruckner Expressway to east, East 149th Street to the south, and Prospect Avenue to the west. Southern Boulevard is the primary thoroughfare through Longwood. The neighborhood is part of Bronx Community District 2, and its ZIP Codes include 10455 and 10459. The neighborhood is served by the New York City Police Department's 41st Precinct. NYCHA property in the area is patrolled by P.S.A. 7 at 737 Melrose Avenue in the Melrose section of the Bronx. The local subway, the , operates along Southern Boulevard. History The Bronx initially began to urbanize with the construction of a streetcar network. Eventually, the expansion of the elevated and subterranean rapid transit lines from Manhattan rapidly accelerated development. Solid rows of 5 and 6 story, walk-up a ...
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Nomination
Nomination is part of the process of selecting a candidate for either election to a public office, or the bestowing of an honor or award. A collection of nominees narrowed from the full list of candidates is a short list. Political office In the context of elections for public office, a candidate who has been selected to represent or is endorsed by a political party is said to be the party's nominee. The process of selection may be based on one or more primary elections or by means of a political party convention or caucus, according to the rules of the party and any applicable election laws. In some countries the process is called preselection. Public statements of support for a candidate's nomination are known as endorsements or testimonials. In some jurisdictions the nominee of a recognized political party is entitled to appear on the general election ballot paper. Candidates who are endorsed by a political party may be required to submit a nominating petition in order to g ...
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2001 New York City Mayoral Election
The New York City mayoral election of 2001 was held on November 6, 2001. Incumbent Republican mayor Rudy Giuliani could not run again due to term limits. As Democrats outnumbered Republicans by a five-to-one margin in the city, it was widely believed that a Democrat would succeed him in City Hall. Businessman Michael Bloomberg, a lifelong Democrat, changed his party affiliation and ran as a Republican. Mark J. Green narrowly defeated Fernando Ferrer in the Democratic primary, surviving a negative contest that divided the party and consumed the vast majority of the Green campaign's financial resources. After a campaign that was largely overshadowed by the 9/11 terrorist attacks, Bloomberg won the general election with 50.3% of the vote to Green's 47.9%. Background The primaries originally began on September 11. However, the September 11 attacks caused the primary to be postponed until September 25 (votes cast on September 11 were not counted), and the run-off occurred on October ...
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Ruth Messinger
Ruth Wyler Messinger (born November 6, 1940) is a former American political leader in New York City and a member of the Democratic Party. She was the Democratic nominee for Mayor of New York City in 1997, losing to incumbent mayor Rudy Giuliani. Biography Life Born and raised in New York, Messinger attended the Brearley School. She graduated from Radcliffe College of Harvard University in 1962 and received a Master of Social Work from the University of Oklahoma in 1964. She is married to Andrew Lachman, her second husband, and has three children. She is formerly the President and CEO of American Jewish World Service, an international development agency. Politics Messinger was a delegate to the 1980 Democratic National Convention and served on the New York City Council from 1978 to 1989, representing the Upper West Side of Manhattan. In the City Council, she proposed extending rent control from individuals to businesses. From 1990 to 1998, she served as Manhattan borough preside ...
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Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with Sole proprietorship, sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being su ...
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Wedtech Scandal
The Wedtech scandal was an American political scandal involving the award of government contracts. It was first brought to light in 1986. History The Wedtech Corporation was founded in the Bronx, New York by John Mariotta, and originally manufactured baby carriages. But after a number of years, Mariotta brought in a partner, Fred Neuberger, and began focusing on winning small business set-aside contracts for the Department of Defense. As a major employer in a depressed part of New York City, Wedtech enjoyed a strong local reputation and was even praised by then U.S. President Ronald Reagan for the jobs it provided for those who might otherwise be forced onto welfare rolls. Mariotta was praised as the Small Business Owner of the Year by the U.S. Small Business Administration. Wedtech had won many of its defense contracts without competitive bidding under a Small Business Administration program that gave preference to minority-owned businesses, despite the fact that Fred Neuberger ...
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New York Police Department
The New York City Police Department (NYPD), officially the City of New York Police Department, established on May 23, 1845, is the primary municipal law enforcement agency within the City of New York, the largest and one of the oldest in the United States. The NYPD headquarters is at 1 Police Plaza, located on Park Row in Lower Manhattan near City Hall. The NYPD's regulations are compiled in title 38 of the ''New York City Rules''. The NYC Transit Police and NYC Housing Authority Police Department were fully integrated into the NYPD in 1995. Dedicated units of the NYPD include the Emergency Service Unit, K9, harbor patrol, highway patrol, air support, bomb squad, counter-terrorism, criminal intelligence, anti-organized crime, narcotics, mounted patrol, public transportation, and public housing units. The NYPD employs over 50,000 people, including more than 35,000 uniformed officers. According to the official CompStat database, the NYPD responded to nearly 500,000 r ...
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Civilian Complaint Review Board
The NYC Civilian Complaint Review Board (CCRB) is the oversight agency of the New York City Police Department (NYPD), the largest police force in the United States. A board of the Government of New York City, the CCRB is tasked with investigating, mediating and prosecuting complaints of misconduct on the part of the NYPD.GILBERT, STEVEN V. POLICE CORRUPTION IN THE NYPD: from Knapp to Mollen. CRC PRESS, 2017.Roberg, et al. Police & Society 6th Edition. Oxford University Press, 2014. Its regulations are compiled in Title 38-A of the ''New York City Rules''. Structure The CCRB exists today as a fully independent civil department, staffed with 142 civilian investigators and about a dozen miscellaneous employees. Additionally, three officers from the NYPD's Monitoring and Analysis Section of the Department Advocate's Office work with the CCRB at their office at 100 Church Street, whose role is to provide the Investigators with access to certain restricted NYPD documentation. The agen ...
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Bronx Community College
The Bronx Community College of the City University of New York (BCC) is a public community college in the Bronx, New York City. It is part of the City University of New York system. History The college was established in 1957 through the efforts of civic-minded groups who felt that there was a growing need for more higher education facilities in the Bronx. Classes began at Hunter College, and later at the former site of the Bronx High School of Science. In 1973, the Dormitory Authority of the State of New York acquired the University Heights campus from New York University (NYU), which had sold the campus under threat of imminent bankruptcy. Beginning in the fall of that year, the BCC moved its operations to the site overlooking the Harlem River. In 2012, the North Hall and Library opened. The building is designed to resemble many of the historic buildings on campus, and on one end is located next to an entrance of the Hall of Fame for Great Americans. Academics The col ...
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