For the first time since 2007, Moody’s Investors Service has upgraded the City of New York’s General Obligation Bond credit rating. The rating was upgraded from Aa2 to Aa1, their second highest rating and equivalent to New York State’s Aa1 rating.
STATEMENT FROM MAYOR DE BLASIO ON AMAZON HQ2, "We gave Amazon the opportunity to be a good neighbor and do business in the greatest city in the world. Instead of working with the community, Amazon threw away that opportunity."
The de Blasio administration and City Council approved a comprehensive plan to support fashion production and commercial office expansion in the Garment Center.
Mayor de Blasio spoke live on the Brian Lehrer show to discuss recent events in NYC politics, such as the major deal struck between Amazon and the City. Mayor de Blasio also took questions from call-in listeners.