New York has pennant fever this week, as the Yankees continue their drive for a 38th World Series appearance. Not all of the memories of past World Series’ here are happy ones. Many of us can recall the 1977 Series, when television cameras showed an apartment building on fire in the streets outside Yankee Stadium, and broadcaster Howard Cosell exclaimed, “The Bronx is burning!”

Well, those days are gone in New York, and they’re not coming back. Despite the two toughest back-to-back fiscal years the city has ever seen, our Administration is making investments that are bringing jobs and housing to our city. That will guarantee that New York remains a city of opportunity for all. We’re not burning; we’re building—in the Bronx and in all five boroughs.

On Thursday, for example, I joined the Archbishop of New York, Edward Cardinal Egan, and Bronx Borough President Adolfo Carrion, Jr. to celebrate the completion of new, affordable, two-family homes in the Highbridge neighborhood, just a long fly ball from Yankee Stadium. They’re the product of great teamwork between the City and the community. Building on that success, our Administration is going forward with our “New Housing Marketplace” program to construct or rehab 65,000 units of housing over the next five years.

I also helped top off the building in Hunts Point that will house the new Fulton Fish Market. When it’s finished, it will bring 600 new jobs and $1 billion in new economic activity to the South Bronx, and make the neighborhood the country’s pre-eminent wholesale food market. It’s being built on 30 acres of vacant land with $85 million from the City. With our City’s budget problems, postponing or canceling this project would have been an easy out. But it would have been wrong —for the community and the entire city. Instead, we’re building, and creating jobs—right now.

We’re also building the biggest public works project in the City’s history, one that spells jobs for those in the building trades and will provide clean, healthy water for us all. It’s Water Tunnel Number 3. Last week, on Manhattan’s West Side, we launched the newest leg of what will eventually be a 60-mile-long tunnel, 600 feet below street level, connecting all five boroughs. What makes this project so important is that the city’s two other water tunnels haven’t been checked or repaired in nearly 70 years. Completing Tunnel Number 3 will let us do that, and ensure that New Yorkers have a safe and plentiful supply of water in the 21st Century.

Like the Fulton Fish Market, the Water Tunnel Number Three is a project that started more than 30 years ago, but then got put on hold during the fiscal crisis of the 70s. But that won’t happen on our watch. We’re making sure that, like the Yankees, the Big Apple remains “King of the Hill/ ‘A’ Number One,” now and for years to come.