Tuesday, March 21, 2017
The Bronx Chamber of Commerce Chamber President & CEO Nunzio Del Greco to receive City & State Corporate Social Responsibility Award
The Bronx Chamber of Commerce is proud to announce that Chamber President & CEO Nunzio Del Greco has been selected as a City & State Corporate Social Responsibility (CSR) Award honoree for outstanding work promoting diversity in New York.
The award will be presented at CSR's celebratory breakfast reception on Thursday, March 30, 2017 at The 3 West Club in Manhattan.
The event will include a thirty-minute "Thought Leadership" discussion panel focused on innovative Corporate Social Responsibility initiatives for workplace diversity and inclusion; supplier diversity and procurement; and supply chain management.
Keynote Speaker: Rev. Al Sharpton, Founder & President, National Action Network
Emcee: Saundra Thomas, Vice President of Community Affairs, WABC-TV
Schedule:
8:00am Registration & Breakfast
8:30am Welcome & Keynote Remarks
8:45am Award Presentations & Photo Opportunity
9:15am Panel discussion featuring industry leaders with a focus on the best practices for promoting diversity in New York
Date & Time:
Thursday, March 30, 2017 / 8:00am - 10:00am
Location:
The 3 West Club, 3 West 51st Street, NYC 10019
For general inquiries, e-mail csr@cityandstateny.com.
City & State CSR showcases outstanding New York business leaders and corporations through their series of highly publicized award ceremonies, conferences, and specialty publications, for their tremendous work in the area of Corporate Social Responsibility.
BOROUGH PRESIDENTS ADAMS & DIAZ HOST GIFTED AND TALENTED EDUCATION HEARING
It was evident from the small turnout that important information is not getting to parents. Under Mayoral Control parent involvement went from high parental involvement to the low point it is at now. Parents just are not getting vital information they should be receiving and this was said by many of the speakers at the hearing.
What was also learned was that Staten Island with only one school district serving about one third the students of the Bronx has the same number of gifted and talented programs as the six Bronx school districts. Bronx School districts 7 and 12 have no gifted and talented programs while the other four Bronx School districts have only two programs each including School District 10 the largest school district in the city (and second largest in the state) serving over forty-five thousand students. Bronx Borough President Ruben Diaz Jr. said that he was enrolled in what was called a 'Special Program' for gifted and talented students while he attend public school, and it is his intention that all children get a chance to be in such programs like he did.
Above and Below - One by one sixteen people spoke about their personal experiences with trying to get into a Gifted and Talented program, the lack of information about Gifted and Talented programs by the DOE, the lack of the programs or even other information about the DOE and Gifted and Talented programs. One speake wanted to know why Staten Island with only one school district has the same number of Gifted and Talented programs as the six Bronx school districts.
Bronx Borough President Ruben Diaz Jr., Brooklyn Borough President Eric Adams, and their education advocates listen to the speakers asking many to see their aides to get the information the speakers need and so that the BP's can know all the problems facing parents in getting their children Gifted and Talented programs or why they can't.
IDC: It’s time to put the brakes on predatory, subprime auto lending; Senators Klein, Savino & Hamilton introduce bills to stop New Yorkers from getting ripped off when buying used cars
Senators Jeff Klein, Diane Savino & Jesse Hamilton introduce bills to stop New Yorkers from getting ripped off when buying used cars
Independent Democratic Conference Leader Senator Jeff Klein, Senator Diane Savino, Committee on Consumer Protection Chair Senator David Carlucci, and Senator Jesse Hamilton introduced a legislative package on Monday to protect consumers from predatory and subprime auto lending.
The issue is a new subprime lending crisis waiting to happen, a practice that HBO host John Oliver blasted over the summer for offering the working-poor, with little or no credit, rates too good to pass up which ultimately leave individuals paying astronomical amounts for used vehicles.
“Theoretically, it is a good thing that car dealers lend money to people who can’t get financing elsewhere, but in practice, these dealerships can trap people with few options into paying vastly more than a car is worth,” Oliver said. “It’s just one of many ways in which when you are poor everything can be more expensive.”
The IDC worked to put the brakes on bad practices in the subprime auto industry to protect consumers, some of whom are stuck paying the price of a new car for a junker because of the terms of the loan.
“We cannot allow our working-class consumers to be taken for a ride. Unscrupulous auto dealerships often engage in lending practices that mirror the subprime mortgage crisis, and we need to take action now to protect our most vulnerable residents from being hurt by these deceptive practices,” said Senator Klein.
“It is simply unconscionable to green-light a loan, knowing that a person could never afford to repay it. The legislature needs to take the wheel because our working-class constituents are getting hurt by these too-good-to-be-true offers made at auto dealerships, and in the end are stuck with outrageous debt,” said Senator Savino.
“As the chair of the Senate Committee on Banks, I take seriously these predatory practices that impact working class citizens who have already suffered through the subprime mortgage crisis. We must take action now to avoid a future crisis in the subprime auto lending industry that preys on those who could least afford it,” said Senator Hamilton, Chair, Senate Committee on Banks.
“Our consumer friendly legislative package keeps used car buyers in the driver’s seat both at the negotiating table and of their own cars. Consumers need to have information given to them as clearly as possible when making auto-purchases and the solutions we are putting forward will help fight subprime auto lending by empowering consumers. As the Chair of the Consumer Protection Committee, I look forward to advancing this package,” said Senator Carlucci, Chair, Senate Committee on Consumer Protection.
The bills introduced by the IDC include:
- Limiting Dealer Mark-Up Discretion - Dealers can add-on anywhere from 0-3% to the financing APR of a vehicle without a consumer’s knowledge, and studies have found widespread racially discriminatory practices at play. Senator Klein’s S.5276 would require disclosure of a dealer mark-up at the time of sale, and would also request the Department of Financial Services to conduct a study on the issue of mark-ups to determine how dire this discrimination problem is, and how we can work to remedy it.
- Regulating Dealer Advertising - Dealers and subprime financiers often target customers with bad credit or no credit through internet advertisements promising a 100% approval rating. Many times these ads deceive those collecting SSI and SSD. Senator Klein’s S.5277 would authorize the State’s Division of Consumer Protection to regulate used auto dealership advertising and ban dealerships from misrepresenting that SSI and SSD are sufficient income sources for loans.
- Transparency Reform - A uniform loan form for used car financing would be created by the State’s Department of Financial Services. Senator Savino’s S.5274 would allow DFS to create a form disclosing all costs and warning consumers that add-on costs are not required to obtain loans and what the loan to value ratio is upon financing. This legislation would also ban all conditional deliveries.
- Require a Cooling Off Period - Most major retail purchases provide a buyer with a window to cancel a transaction, but car purchases have no cooling off period. Senator Savino’s S.5275 would require a three-day cooling off period for used car purchases, giving consumers the opportunity to review lengthy financial documents and return a used automobile within three days. It would also create the same opportunity for new car transactions, although a car must remain in a lot for the duration of the cooling off period since a new vehicle automatically loses value as soon as it’s driven off a lot.
- License Financial managers at Dealerships - The State’s Department of Financial Services would license all financial managers who provide loans to customers at auto dealerships under Senator Hamilton’s S.5278, and would require all dealerships who issue financing or facilitate financing to designate and license a finance manager.
In April 2015 the IDC released an investigative report, “Road to Credit Danger: Predatory Subprime Auto Lending in New York,” that examined the deceptive practices used by car dealers to take advantage of consumers. The introduction of these bills is a continuation of the work that the IDC has done to shine light on this issue.
Last year, Senator Klein’s bill S.5485A which requires increased surety bonds at used car dealerships was signed into law. Now, if the dealer sells more than 50 used cars annually, the surety bond, held as a consumer protection raised from $10,000 to $100,000. Smaller used car dealers can take out $20,000 bonds if they sell fewer than 50 vehicles a year.
Senator Savino’s bill S.5152, which passed the Senate, would grant courts the power to make the assignee of an auto loan pay reasonable attorney's fees if a consumer sues the assignee and wins, over and above the limitation on assignee liability that currently exists in statute. This bill responds to the reality that in auto loan transactions, while the dealer often technically originates the loan, the actual lender is termed the assignee for purposes of the transaction, despite the fact that the "assignee" often exercises a great degree of control over the terms of the transaction.
NYC Council Parks Committee to Address Maintenance Workers, Park Security, and Federal Funding Cuts at Budget Hearing
The NYC Council Parks Committee, chaired by Council Member Mark Levine will hear testimony from the NYC Department of Parks and Recreation (DPR) and parks advocates regarding the department’s Fiscal Year 2018 budget.
Key topics to be addressed will include:
· Calling upon the Mayor to baseline $9.7m in expense funding for 150 gardening and maintenance workers left out of the Mayor’s preliminary budget
· The addition of 80 Park Enforcement Patrol (PEP) officers, in response to a 28% increase in crimes committed in City parks between FY15 and FY16, including an even higher rate during the first four months of FY17
· The potential loss of $4.5m in federal Community Development Block Grant funding, devastating the GreenThumb program which works mainly in low and moderate income neighborhoods, and has a 40 year history of community improvement, beautification and community building
· Major new and renewed investment in Parks capital projects and programs over the next decade coupled with continued attention into the length and efficiency of the overall Parks capital process.
Where: City Hall Committee Room
When: Thursday, March 3 @ 10 AM
Who:
· Parks Committee Chair Council Member Mark Levine
· Members of the City Council Parks Committee
· Parks Commissioner Mitchell Silver
· Park Advocates
SENATOR KLEIN TOURS RIKERS ISLAND, VISITING THE BRONX DISTRICT ATTORNEY’S PROSECUTION UNIT & JAIL FACILITY THAT HOUSES ADOLESCENT MALES
Senator Klein, joined by Bronx DA Darcel D. Clark and DOC Commissioner Joseph Ponte, announced $100,000 in funding for the Rikers Island Prosecution Bureau
Senator Klein, accompanied by Bronx District Attorney Darcel D. Clark and DOC Commissioner Joseph Ponte, visited the Rikers Island Prosecution Bureau, where Klein was briefed on how his $100,000 funding allocation helped equip the Bronx DA satellite office. The state funding was used to provide two work vehicles for the bureau’s staff, computer equipment and security enhancements for their office.
“I am proud to have secured $100,000 in state funding for the Bronx DA's Rikers Island Prosecution Bureau. It was an honor to visit the unit, where I got to see the wheels of justice spinning before my eyes. I applaud Bronx District Attorney Darcel Clark, who upon her inauguration, made opening this crucial unit a priority of hers. This bureau truly is a key component to reforming Rikers Island, making the grounds safer for our hardworking DOC workers who maintain order day in and day out," said State Senator Jeff Klein.
“We are grateful to Senator Klein for his assistance in outfitting the bureau, which opened last September. His funding has enabled us to have a safe, secure and efficient environment for our staff as they work to prosecute crimes committed on Rikers Island,” said Bronx District Attorney Darcel D. Clark. “The grant went to the purchase of two vehicles which the staff needs to respond to jail facilities on the Island and to travel to and from Bronx courts, as well as for computer and other office equipment. It was also used for crucial security implementations as recommended by NYPD’s Technical Assistance Response Unit.”
The Bureau opened last September under the leadership of Bronx DA Clark, who made it a priority to establish a physical presence on Rikers Island. The Bureau consists of a team of assistant district attorneys, investigators and administrative support staff. The office speeds up the prosecutions of jailhouse crimes, promoting a safer environment on the Island.
Following the funding announcement on Friday, March 17, Senator Klein was given a tour by DOC staff of The Robert N. Davoran Center, which houses 16- and 17-year-old males. Senator Klein is a lead proponent of Raise the Age legislation, which would raise the age of criminal responsibility from 16 to 18.
SENATOR KLEIN & COUNCILMAN COHEN ANNOUNCE $800,000 IN FUNDING FOR RIVERDALE KINGSBRIDGE ACADEMY
Funds will upgrade school’s 60-year-old auditorium
Senator Jeff Klein and Councilman Andrew Cohen announced $800,000 in joint funding for the Riverdale Kingsbridge Academy. The two elected officials each secured $400,000 for RKA, which will be used for a host of upgrades to the school’s 60-year-old auditorium.
“I’m proud to jointly allocate funds with Councilman Cohen for auditorium upgrades at Riverdale Kingsbridge Academy. RKA is a premier public school that deserves a modernized auditorium to accommodate the talented middle and high school students it serves. This $800,000 in joint funding will provide beneficial renovations to bring their auditorium into the 21st century,”said Senator Jeff Klein.
“RKA’s auditorium is not only used by over 1,000 students, but it’s also used extensively by the community. The funds that Senator Klein and I were able to secure for these necessary renovations will modernize the auditorium and enhance the space for the entire community to enjoy,” said Council Member Andrew Cohen.
“Many thanks to our local elected officials, State Senator Jeffrey Klein and Council Member Andrew Cohen for providing generous funding to support the renovation of our 60-year-old auditorium. The funding will allow us to install much-needed air conditioning units, new lighting, A/V system, curtains and overhead rigging,” said Lori O'Mara, Principal of Riverdale Kingsbridge Academy. “Without this sizable influx of funding we would not be able to upgrade so many items at once. On behalf of the entire Riverdale community, of which many organizations use our auditorium facilities, I would like to express my sincere gratitude. Thank you, Senator Klein and Council Member Cohen!”