What does $400 million buy in New York City? Not much, according to a new report that said a fund to renovate schools turned into a money pit with virtually no results.
The report in theNew York Postthat called the buildings “ghost” preschools, said it’s not fully clear how much was spent to accomplish so little, because officials in the administration of New York City Mayor Zohran Mamdani are sitting on those numbers.
In the eyes of planners, $400 million would fix up 27 sites that would house pre-K, targeting 4-year-olds, and 3-K, targeting 3-year-olds.
The glittering and costly project was going to deliver results as early as August 2020, when former Mayor Bill de Blasio was on the scene, through last August, under Mayor Eric Adams.
The Post report said that a center in College Point, Queens, began with a $28 million price tag. About $16 million has been spent to date, but the building has not yet opened.
“Community organizers there said parents repeatedly asked the city for updates on the planned early childhood education center,” the Post reported.
NYC earmarked $400M for dozens of preschools that were never opened: recordshttps://t.co/rS9ulFluQYpic.twitter.com/PsbOOhkSWc
— New York Post (@nypost)March 5, 2026
“There was much interest and frequent requests for more information by local families who thought of it as an easily accessible site,” a representative of the group A Better College Point Civic Association said.
“As you know, it currently remains closed and empty — even though we could use the seats,” the representative said.
Source: VidNews » Feed
