The Other Green in Bloomberg’s Plan

Nicole Gelinas
The Other Green in Bloomberg’s Plan
Money.
24 April 2007

Mayor Michael Bloomberg, in his plan for a “Greener, Greater NYC,” acknowledges a key problem: New York’s transportation infrastructure, the backbone of the city’s private-sector economy, is badly out of date and insufficient to meet the needs of a 21st-century city. But the mayor is murky on the $31 billion question: how will the city pay to fix its infrastructure, and how will it create the accountability necessary to ensure that the repair funds are spent wisely?