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The person who oversees City Hall’s wallet is called the comptroller, a position currently filled by Scott Stringer.
Four contenders are vying to replace the term-limited Stringer (who is running for mayor). And while the ultra-crowded mayor’s race will undoubtedly steal most of the attention this election cycle, choosing our next comptroller is critical for city voters.
The primary vote is set for June 22 of this year. Given New York’s firmly Democratic lean, whichever comptroller candidate nabs a win then will have a strong advantage heading into November’s general election. A Republican has not been elected comptroller since 1938.
New York City’s comptroller is our municipal auditor and fiduciary.
The Office of the Comptroller does several things, but its chief responsibilities are to prepare audits and oversee how city agencies are spending their money, manage the city’s public pension funds — the largest in the world at $224.8 billion as of October, Stringer’s office says — and issue bonds to help pay for large projects. The comptroller also reviews city contracts.
To do all this and more, the comptroller employs a staff of about 800. The comptroller has another important role: serving as second in line of succession to the mayor, after the Public Advocate.Here’s a comprehensive list of duties from the comptroller’s office.
Benjamin, our Harlem neighbor and State Senator represents Harlem, East Harlem and the Upper West Side. The former investment banker and affordable housing developer pledged to return some donations in early January after THE CITY found donors named in campaign records who said they’d never given money to his campaign.
Lander currently serves as the City Council member representing Carroll Gardens, Park Slope and Kensington. Previous to government work, he directed a community planning center at Pratt Institute.
Parker, a Brooklyn native, is the current State Senator representing Flatbush and surrounding neighborhoods from Ditmas Park to Park Slope. Before taking elected office, Parker worked for local officials, including the then-state Comptroller H. Carl McCall and then-Flatbush Council member Una Clarke.
Weprin, a native of Queens, currently serves as the State Assembly member representing northeast Queens. He previously represented the area in the City Council, worked in the financial services industry and, in the 1980s, served on the state’s Banking Board.
As Seen on 2nd Avenue in East Harlem
Unfortunately, no, the 2nd Avenue Subway isn’t yet in East Harlem. This remnant of an earlier attempt to build the 2nd Avenue Subway is at 117th Street, and was part of the “cut and cover” trenching done in the 1970s
The new 2nd Avenue Subway will incorporate some of this earlier tunneling into the project.