COMPTROLLER LIU RECOVERS RECORD $2 MILLION FROM DAMAGE TO CITY PROPERTY

NEW YORK, N.Y. – August 9, 2012 – (RealEstateRama) — City Comptroller John C. Liu announced today that over the past fiscal year, his office recovered $1,978,370 from the insurance companies of individuals who damaged or destroyed City government property. The amount is the highest ever recovered for damage claims by the City Comptroller’s office, and marks a 34% increase over last year’s total, the prior record.