CBRE

Business News

Sep 28
One City's Trash By Jodi LaMarco

The City Council of Manhattan has passed a bill that would raise the penalty for stealing recyclable trash. Under the new law, first-time offenders would now pay $2,000 instead of $100 and repeat offenders would pay $5,000.

The bill was drafted after the Department of Sanitation reported a two percent drop in the amount of recyclable paper collected from curb-side pick-ups. Each ton of paper collected yields $10 to $30 for the city under its recycling contract.

The New York Times

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