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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. Career New York City Council Ferrer represented the former 13 City Council district in the Bronx from 1982 to 1987. Ferrer authored legislation requiring interpreters in city emergency rooms. Ferrer went on to chair the ...
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Metropolitan Transportation Authority
The Metropolitan Transportation Authority (MTA) is a New York state public benefit corporations, public benefit corporation in New York (state), New York State responsible for public transportation in the New York metropolitan area, New York City metropolitan area. The MTA is the largest public transit authority in North America, 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 MTA Bridges and Tunnels, 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 1 ...
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Longwood, Bronx
Longwood is a mixed-use neighborhood in the southeast Bronx in 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 Saint Anns 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 and larger elevator ...
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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 life-long Democrat, changed his party affiliation, and ran as a Republican. Mark 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%. Democrats flipped the boroughs of Manhattan and Brooklyn from the previous election. Background The primaries originally began on September 11. However, the September 11 attacks caused the primary to be postponed until Sept ...
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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 was 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 boro ...
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Investment
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a Return (finance), return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also inclu ...
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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." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from Sole proprietorship, sole proprietors and partnerships. Corporations are separate and unique Legal person, legal entities from their shareholde ...
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Urban Decay
Urban decay (also known as urban rot, urban death or urban blight) is the sociological process by which a previously functioning city, or part of a city, falls into disrepair and decrepitude. There is no single process that leads to urban decay. Aspects and causes Urban decay can include the following aspects: * Industrialization * Deindustrialization * Population decline or Human overpopulation, overpopulation * Counterurbanization * Economic restructuring * Abandoned buildings or infrastructure * High local unemployment * Increased poverty * Fragmented families * Low overall Standard of living, living standards or quality of life * Political disenfranchisement * Crime (e.g., Gang, gang activity, corruption, and drug-related crime) * Large and/or less regulated populations of urban wildlife (e.g., abandoned pets, Feral, feral animals, and Semi-feral, semi-feral animals) * Elevated levels of pollution (e.g., air pollution, noise pollution, water pollution, and light pollution ...
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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 who manufactured baby carriages. Years later, Mariotta brought in a partner, Fred Neuberger, and began focusing on winning small business set-aside contracts from 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, not a member of any g ...
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New York Police Department
The City of New York Police Department, also referred to as New York City Police Department (NYPD), is the primary law enforcement agency within New York City. Established on May 23, 1845, the NYPD is the largest, and one of the oldest, municipal police departments in the United States. The NYPD is headquartered 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''. Dedicated units of the NYPD include the Emergency Service Unit, K-9, harbor patrol, highway patrol, air support, bomb squad, counterterrorism, criminal intelligence, anti-organized crime, narcotics, mounted patrol, public transportation, and public housing units. The NYPD employs over 40,000 people, including more than 30,000 uniformed officers as of September 2023. According to the official CompStat database, the NYPD responded to nearly 500,000 reports of crime and made over 200,000 arrests during 20 ...
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Civilian Complaint Review Board
The NYC Civilian Complaint Review Board (CCRB) is a civilian oversight agency with jurisdiction over 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 ...
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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 that fall, 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 college is home t ...
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