By Doug Foster
The Village of Nyack is rich with assets such as our vibrant downtown, scenic waterfront, diverse residents, strong sense of community, and a wonderful mix of residential, commercial and institutional development. Unfortunately, over the decades the Village has developed a structural deficit, where our tiny, balkanized tax base is unable to sustain our assets.
The Village is “asset rich, cash poor.” Our survival strategy has been to borrow from our infrastructure (roads, sidewalks, buildings, etc.) in the form of deferred maintenance.
Let’s treat this situation as a call to action. We need a Village Board that is willing to work together and tap into our amazing pool of residents to identify problems, find solutions, and implement them. If we are smart and focused we can regain a sustainable budget and build a better community.
As a starting point, I have outlined a Five Point Action Plan to move Nyack forward.