New York City Comptroller Scott Stringer and New York City Housing Authority chief executive Shola Olatoye announced a sweeping overhaul of the agency's inventory system, following the release of a
As part of the announcement, NYCHA agreed to establish a working group to modernize its supply chain systems with input from the comptroller's office and outside experts.
"NYCHA is taking real action to repair its outdated inventory systems, which for too long have failed to serve taxpayers or tenants well," Stringer said on May 15.
NYCHA's inventory is stored in a main warehouse in Long Island City, Queens; in six satellite warehouses in the Bronx and Brooklyn; and in storerooms and skilled trades' shops located at more than 300 developments throughout the city. The audit found that NYCHA had placed about $100 million in inventory at risk by failing to have a system in place to accurately track and locate supplies and merchandise in its possession.
The audit uncovered several problems including missing inventory. More than $84,000 in materials were missing from the "Betances A" warehouse in the Bronx, where unaccounted-for items included everything from air conditioners and light fixtures to lavatory sinks and compound saws.
