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PR03-04-042 April 30, 2003
Contact: Press Office 212-669-3747
COMPTROLLER'S STATEMENT: PENSION FUNDS HELP FINANCE FOUR HARLEM APARTMENT BUILDINGS

 

"As the City's Chief Investment Officer, it is my responsibility to invest and protect the City's funds and to achieve economically targeted investments that will benefit our City for years to come," New York City Comptroller William C. Thompson, Jr. said. "Our partnership with the Community Preservation Corporation has turned four rundown buildings into quality, cost-effective homes for Harlem's low- and moderate-income residents. This is an excellent investment for the pension funds and one that will help improve the Harlem community."

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