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Entries from Gothamist tagged with 'privatizinginfrastructure'

August 28, 2008

The NY Times wonders if more cities will allow public infrastructure to be privately financed. Investment banks have "an estimated $250 billion war chest" as the U.S.'s infrastructure crumbles. Mayor Bloomberg has touted the need for more federal funding ("we have an infrastructure crisis"). While the banks tells the Times, “Ten to 20 years from now infrastructure could be larger than real estate,” one big question is whether they'll get the returns they want. Still,......

Continue Reading "Is There a Future for Privatizing the City's Infrastructure?"

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