The Board of Trustees of the Queens Library voted unanimously on Wednesday night to oust embattled CEO Tom Galante for cause. The board approved a resolution following an executive session of more than two hours at the library's Jamaica central office. Attorney Dan Kurtz was in the session. Galante has been under fire for more than a year since a series of reports in three Daily News led to investigations by city agencies and the FBI, who are probing the library's and Galante spending of the library's funds. "This evening, then Board of Trustees heard a report by counsel, " said they board in a statement released at their meeting's conclusion." Based on that and a prior report by counsel, a decision was made to terminate immediately Mr. Galante employment. " There board promised to continue changes in administration and fiscal transparency that have been implemented since Borough President Melinda Katz and Mayor de Blasio sacked former board members who voted against a measure this past summer that would have placed Galante on paid administrative leave while they board's finances were examined. Kate, in some statement released Wednesday night, said Galante's dismissal further restores public faith and trust in their library's management. "Sunlight is the best disinfectant, and the dark days of this saga are firmly behind us," Katz said. Katz also extended her gratitude to the library's staff and volunteers for carrying on and keeping the system running smoothly during the recent state of glucose.
(BPT) - Women today are enjoying a hard-won sense of independence. While there are many aspects of a woman’s life that can be successfully navigated alone, when it comes to financial planning, a collaborative approach is best.
(BPT) - Money worries know no age limit, and financial health is important for everyone – which could explain why financial pledges are among the most common New Year’s resolutions. Still, Millennials are a bit more likely than any other age group to be tempted into spending too much, according to research by the Barna Group.
As we look forward to the joys of the holidays, it can be all too easy to get wrapped up in the excitement of the season and spend more than you can afford. According to a survey by PriceWaterhouseCoopers, LLP, it is projected that the average household will spend $684 on gifts this year. But forgetting about your monetary realities, even for a moment, could leave you stuck with a financial hangover in the New Year. With some careful planning, attention to detail, and creative thinking, you can avoid getting caught with your finances out of order. Here are a few simple steps to follow:
Talk before you shop — Before you set out on your holiday shopping excursion, have an open and honest discussion with friends and family members about what you are each comfortable spending on each other this year. Having established price limits not only makes it easier to stick to a budget, but also relieves the pressure to overspend.
(NAPSI)—The American dream of homeownership may not be as hard to attain as many people seem to fear. A few intriguing facts and hints can help.
(StatePoint) You may have heard the rule of thumb that you shouldn't buy a home unless you can put down 20 percent of the purchase price. However, today’s home buyers have many choices when it comes to the size of the down payment.
(NAPSI)—You can keep your vehicle on the road to safety even on rough roads and in cold, wet weather if you heed a few hints:
(NAPSI)—Life can be stressful. Whether it’s our jobs, family, relationships, holiday craziness, mishaps or finances—stress can be there. But we CAN manage it. Whether it’s simple measures you take daily to reduce your stress levels in a matter of minutes or voluntary insurance to help provide cash benefits when you experience an illness or injury, there are ways to keep calm and stress-free.
(StatePoint) Unfortunately, one of the most expensive times in one’s life, is when he or she tend to be the least financially savvy -- college. But good money management during those years is the best way to keep a college career on path. Parents and guardians can help their children become more financially savvy.
One program has been helping seniors stay on top of their monthly bills. And, by changing over to the city Department for the Aging next year, it aims to aid even more.
In the Bill Payer Program, which the Council of Senior Centers and Services has been offering since 2007, trained volunteers help low-income seniors and those with disabilities pay bills on time.
(BPT) - More Americans than ever are going back to school, continuing their education to add skills and credentials to their work portfolio. For many, keeping their expertise current with continuing education gives them the edge in a competitive job market.
(BPT) - Whether you are headed to college, joining the armed forces, or simply looking to take greater control of your finances, you might be wondering if it’s time to open your first credit card.
Queens Borough President Melinda Katz kicked off the second part of her Jamaica Planning Initiative Conference last Saturday at York College.
The effort, kicked off by Katz this past summer, once again brought several hundred people from the government, business, real estate, finance, education and residential property-owner sectors of the community.
(BPT) - Every year, employees with company-sponsored health plans are asked by their employers to select benefits for the following year. This process is called “open enrollment,” and it is an important event that is happening across the nation. While many view this as a chance to merely review and update health care coverage, such as medical, dental and vision, it is actually about much more than that.
The 1955 Chevrolet was one of the most successful cars in history. General Motors produced over 1,776,000 of them. The car had a snappy small block V-8 engine and a host of power and luxury options. Chevrolet was no longer thought of as an old man’s car and was raised to a new level by young buyers.
Luby Chevrolet, located at 105-02 Queens Blvd. in Forest Hills, was one of the largest Chevy dealerships in Queens. However, they ended up with hundreds of unsold ’55 models that September, just a few days before the ’56 cars were to be introduced. They were parked on a huge parcel of land that for many years was owned by Cord Meyer and then by The Luby Realty Co. and the Judley Garage Co.
The de Blasio administration has secured $10 million in commitments toward the city’s bid to host the 2016 Democratic National Convention.
The money was pledged by the 101 businesses, civic and labor leaders that make up the Host Committee, officials said.
(BPT) - Having a happy holiday shouldn’t mean stretching your finances paper thin. But many Americans already know they’ll likely go over their holiday budgets this year, which can mean financial stress in the new year. Fortunately, a few unexpected tricks and shopping strategies can help make your holiday dollars go further – and you might even have a few bucks leftover for yourself.
(StatePoint) Planning for life’s major financial hurdles is critical and when it comes to college, a plan can have a dramatic influence on how families are able to finance a degree.
It’s going to be a wonderful life this December at Bonelle Pastry Shop, Forest Hills residents hope.
More than 700 customers of the beloved and authentic French bakery, located at 108-30 Ascan Ave., have signed a petition to keep the shop open after owner Rahita Raval announced that the landlord, Babad Management, was ending the shop’s month-to-month tenancy by Dec. 31.
In an era when there are cable news networks devoted to reporting the world of big business and world finance, an Obama administration official was in Bayside last week talking small business.
“Small businesses account for 51 percent of the jobs in this country,” said Maria Contreras-Sweet, administrator of the Small Business Administration.