Mayor Koch saved the City of New York from bankruptcy and in doing so restored the pride of New Yorkers.  During his three terms as Mayor from 1978-1989, he restored fiscal stability to the City of New York, and he was responsible for placing the City on a GAAP (Generally Accepted Accounting Practices) balanced budget basis.  He created a housing program which, over a ten-year period, provided more than 150,000 units of affordable housing financed by City funds in the amount of $5.1 bi... More >