New York City lost millions when it auctioned off its unused COVID-19 gear: Report

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New York City lost millions when it auctioned off its unused COVID-19 gear: Report
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During the pandemic, NYC spent $200 million on supplies it never used. It just auctioned them off and brought in just under $500,000 for the materials.

The city of New York brought in just under $500,000 for the materials, which included N-95 masks and breathing devices known as “bridge vents," according to the New York City outlet the City.The ventilators, which taxpayers spent $12 million on, were sold for less than $25,000 total, according to the report. Another auction found bidders winning materials for $194,000 that the city paid almost $1 million for.

“This is a story about doing the impossible,” de Blasio said in April 2020. “We’d never made a ventilator before — and so we made thousands. We learned it would take a year — and so we did it in a month.” The report also revealed that de Blasio overspent by a significant amount on items that were being sold through other companies for less. For example, the company Digital Gadgets had charged New York twice as much for COVID-19 test kits as other companies.

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