Not a good investment NYC……
Much of this big sell-off is occurring because de Blasio waived the usual good government oversight of city contracts at the start of the pandemic. Former city Comptroller Scott Stringer, whose job was to make sure that the city gets what it’s paying for, was sidelined.
Earlier this month, his successor, Comptroller Brad Lander, issued a report noting that despite the pandemic, city agencies still had the responsibility to vet the credibility of vendors to see if they would deliver what they promised and if the prices offered were reasonable.
The comptroller zeroed in on Digital Gadgets, an electronics firm run by Charlie Tebele, a major donor to de Blasio, who appointed Tebele to EDC’s board after the city ramped down its COVID purchases. Digital Gadgets was prepaid $9.1 million for ventilators that it failed to deliver, so the city applied that payment to surgical masks the company did supply. But Digital’s initial delivery of N95 masks were of “poor quality or not FDA-certified,” and were sold to the city for $4 a piece — well above the average per-mask price of $3.10, Lander found.
Much of this big sell-off is occurring because de Blasio waived the usual good government oversight of city contracts at the start of the pandemic. Former city Comptroller Scott Stringer, whose job was to make sure that the city gets what it’s paying for, was sidelined.
Earlier this month, his successor, Comptroller Brad Lander, issued a report noting that despite the pandemic, city agencies still had the responsibility to vet the credibility of vendors to see if they would deliver what they promised and if the prices offered were reasonable.
The comptroller zeroed in on Digital Gadgets, an electronics firm run by Charlie Tebele, a major donor to de Blasio, who appointed Tebele to EDC’s board after the city ramped down its COVID purchases. Digital Gadgets was prepaid $9.1 million for ventilators that it failed to deliver, so the city applied that payment to surgical masks the company did supply. But Digital’s initial delivery of N95 masks were of “poor quality or not FDA-certified,” and were sold to the city for $4 a piece — well above the average per-mask price of $3.10, Lander found.