Article: Vallone: New York City government has changed. (New York City Council Speaker Peter F. Vallone addresses Institute of Real Estate Management Greater New York)

The world has witnessed tremendous changes in recent years - the unification of Germany, the re-emergence of Russia. New York City government too has been transformed, although this has gone somewhat unnoticed.

New York City Council Speaker Peter F. Vallone brought those changes to light in an address to the April 16 monthly luncheon meeting of the Institute of Real Estate Management Greater New York Chapter No. 26 at the Hotel St. Moritz.

Since its inception a year and a half ago, New York City's new City Council of 51 members is a strong legislative branch that has brought a balance of power to city government, Speaker Vallone said. Its authority now ...

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