The Gotham Gal and I spent a good part of saturday walking around NYC. At one point, we walked through the massive and amazing Chelsea Piers complex and saw this plaque:
Think about that. In one four year period, the New York Public Library, Grand Central, the subway, the Queensboro and Manhattan bridges, the fire hydrant system, electrical street lights, firehouses, schoolbuildings, and 51 piers, including the Chelsea Piers, were built.
That right there is a recipe to get NYC back on its feet once this pandemic is over. We can and should build our way out of this downturn.
There is no shortage of things to build in NYC. We need more housing, particularly affordable lower and middle-income housing. We need more transit. I am a fan of light rail, like the proposed BQX, throughout the outer boroughs. We need fiber to every block in NYC, not just the wealthy neighborhoods. These are just a few examples of things we can and should build in NYC.
Building can be financed with bonds. Building puts people to work. Building makes our lives better. Let’s do it NYC.
Go to Publisher: AVC
Author: Fred Wilson