Municipal Finance

Despite the unseasonably kind weather, the palms were turning brown and the hanging petunias were crying out in thirst last night on the terrace at Chelsea's Maritime Hotel. The fashionable crowd, filled with Celine bags and Vogue staffers, and more than one pretty young jewelry designer draped in her own wares, didn’t seem to notice. They had gathered at the event grandly dubbed “Young New York” to fete Scott Stringer, who is the current Manhattan borough president. The gray-haired Stringer is short, balding, and wears rimless glasses.

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