COMPTROLLER LIU: PENSION FUNDS INVESTING $500 MILLION IN SANDY REDEVELOPMENT

NEW YORK, N.Y. – February 27, 2013 – (RealEstateRama) — City Comptroller John C. Liu today announced that four of the five New York City pension funds have voted to invest $500 million in residential and commercial real estate, focused in areas affected by Superstorm Sandy.