QUESTION
Why is the Department of Design and Construction (DDC) more expensive than the Economic Development Corporation (EDC) for public projects?
1:46:07
·
74 sec
The council member questions why the DDC is more expensive than the EDC for public projects like library renovations.
- The president of the Brooklyn Public Library explains that DDC projects take longer to complete, increasing costs over time.
- The president of the New York Public Library states it is a public policy dilemma that the city gets less value from DDC projects.
- He suggests working with the EDC and finding private funding to get more done for the money.
Linda Johnson
1:46:07
And then finally, the EDC issue, which Tony spoke about.
1:46:11
In order to take advantage of EDC is our you know, agency.
1:46:17
It has to be a project that aligns with their their own initiatives and priority.
1:46:22
So for example, in Redhook for Brooklyn, which is a waterfront community, that's an EDC project because EDC is focused on the
Gale A. Brewer
1:46:30
water flow.
1:46:30
Okay.
1:46:30
It just makes no sense.
1:46:31
I mean, why DDC has to be so expensive when EDC isn't.
1:46:34
Yeah.
1:46:34
Go ahead.
Linda Johnson
1:46:35
The problem is time.
1:46:36
You know, the the EDC's projects are so poorly designed and so poorly executed.
1:46:40
DDC.
1:46:41
DDC.
1:46:42
I'm sorry, that it stretches over time.
1:46:44
And as
Laurie Cumbo
1:46:44
you know, TIME IS SOMETHING WRONG, THOUGH.
Linda Johnson
1:46:46
TIME IS No FRIENDS OF THESE.
Tony Marx
1:46:48
WE'VE TALKED ABOUT THIS.
1:46:49
THE D.
1:46:50
D.
1:46:50
C.
1:46:50
QUESTION IS IS A PUBLIC POLICY, sort OF ANIGMA, to put it nicely.
1:46:55
Right.
1:46:56
You know, why the city doesn't solve this problem to get twice as much bang for its buck?
1:47:01
I I sounds like Failed to understand.
1:47:04
And, you know, we can we can get creative working with EDC.
1:47:07
We can do pass throughs.
1:47:09
We'll find private money, and we've done that in record numbers, but we need to know that the city is a dependable partner.
1:47:17
We can't do pass throughs if we don't have a capital allocation.
