Last week, state Attorney General Eric Schneiderman announced that up to $20 million in funding would be available over a two year period to rebuild and restore neighborhoods. The funds will be drawn from last year’s $25 billion settlement with large banks. There will be eight land banks in different areas of the state focused on rehabilitating vacant and abandoned properties. Funding from the Attorney General’s office will be awarded in two rounds, which gives the office an opportunity to support land banks next year that may not be eligible this year.
New York State attorney general Eric Schneiderman will announce today that he has sent letters to the top executives of Apple, Google, Microsoft and Sumsung asking “for their cooperation in working on new measures to prevent thefts,” writes Thomas Kaplan of The New York Times.
In New York City alone, the Police Department recorded an increase of 3,890 Apple product thefts in 2012.