Presentation at the National Institute for Coastal and Harbor Infrastructure, Business Summit, May 7, 2014; New York Academy of Sciences.

3. We have three main functions:
Develop properties and manage City real
estate assets
Oversee capital construction via a $2 billion
capital program
Provide advice and implement programs to
strengthen the City’s competitive position
And one overarching goal: to strengthen and
diversify the City’s economy, while increasing
economic mobility for every New Yorker

5. Sandy Inundation Area
100-Year Floodplain
Sandy Power Outages
Source: FEMA, Con Edison, LIPA
Hurricane Sandy showed that a
sustainabile city must also be resilient
$19 billion
Estimated damage
100%
Fuel terminals in the NYC
metro area shut down for
3 days
35,800
Buildings with impacted
telecom systems
23,400
Businesses in areas
inundated by floodwaters,
95% of which employed
50 people or less

10. Eligible technologies and projects enhance
the resilience of buildings and infrastructure
networks
Building systems
 Fire protection
 Electrical
equipment
 HVAC systems
 Plumbing
Energy infrastructure
 Electric power
 Natural gas
 Steam
 Liquid fuels
Telecommunications
 Wired
communication
infrastructure
 Wireless
infrastructure
 Data platforms