MAYOR BLOOMBERG DISCUSSES HOW KEY INVESTMENTS HAVE LED TO NEW MILESTONES FOR THE CITY’S WATERFRONT AND AFFORDABLE HOUSING IN WEEKLY RADIO ADDRESS

New York, NY – July 23, 2012 – (RealEstateRama) — “Even in the depths of the national recession, our City never stopped investing in our future. From creating new parks and pools to renovating old bridges and schools, we did not walk away from investments that are critical to the long-term health of the city. And now, we’re beginning to see more of those investments pay off. Last week, we reached two major milestones in our efforts to revitalize our waterfront, expand our transit system, and build unprecedented amounts of affordable housing.