Published: May 7, 2013 – By STEVE CUOZZO
Joining the melee over East Midtown rezoning, Sen. Chuck Schumer (D-NY) will propose today that City Hall issue bonds to pay for future transit and infrastructure improvements in the Grand Central
makes the pitch in a letter to Deputy Mayor for Economic Development Robert Steel. The bonds would provide revenue to fund the upgrades — which rezoning critics say are needed to prevent unmanageable congestion
— before new buildings go up in the area and add thousands of new workers to the sidewalks and rail stations.