This lights-out fire sale is another grim reminder – Latest News
In another reminder of Andrew Cuomo’s excesses, the New York Power Authority is doing a quiet fire sale to recoup a fraction of the 9 figures it spent on particular bridge lighting on the then-gov’s behest.
Yes, the huge mild shows Cuomo envisioned would have appeared cool, however no one else throughout New York authorities thought it definitely worth the expense and bother — so the scheme aborted after a host of scandals pressured the gov from workplace.
Cuomo had used his energy to push the Power Authority into financing the “investment”; it’s since been caught additionally paying some $300,000 a 12 months in storage prices, bringing to the full tab of the bridge-light project to $108 million.
And now it’s belatedly auctioning off the lights, hoping it may at the very least recuperate a couple of pennies on the greenback.
Stuck masking the loss (as they have to additionally pay for a lot of of the inconceivable green-energy schemes Cuomo mandated in pursuit of his national ambitions) are the Power Authority’s long-suffering clients.
This was hardly the one Cuomo self-importance project; he “gave” (you paid) New York a $15 million “film hub” that the state wound up promoting off for $1; a $90 million lightbulb manufacturing unit that by no means opened; $30 million in Andrew-designed tunnel-tile mosaics, plans for a pointless $2 billion AirTrain and a lot more.
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His host of “AndyLand” tasks burned at the very least $10 billion in taxpayer money.
Remarkably, the ex-gov is not the very worst candidate for mayor this 12 months, however that’s nonetheless no purpose for anybody to hail him as town’s savior.
