Why has Pitti Engineering Limited (PITTIENG) been underperforming recently - Free Join Group

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Why has Pitti Engineering Limited (PITTIENG) been underperforming recently ✌️【Value Investing】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools.

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Originally the idea of architect Dong-Ping Wong, who collaborated with designers from the creative studio PlayLab and the now-defunct firm Family, + POOL was conceived as an ambitious and eye-catching way to open the city’s waterways for public use. Once built, the 9,000-square-foot cross-shaped pool will be able to accommodate up to 300 swimmers at a time and can be divided into foursectionsfor activities such as children’s swimming, lounging, laps and sports. The design can also be configured lengthwise to offer Olympic-sized lanes, or the four “arms” of the cross can be connected into a single large pool.

Layers of“filtration membranes” will not only make the water safe for swimming but will clean the surrounding river, too, according to Friends of + POOL, the nonprofit organization that the designers co-founded in 2015as they expanded their team and appointed new board members.

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“One of the most beautiful things about this project is that it has truly been community-driven,” Meyer said. “We kickstarted the project with thousands of small donations and the nonprofit continues to raise small-level funds from a vast array of community members that want access to their rivers and believe in the work we are doing around water safety education and water stewardship.”

But, following Governor Hochul’s announcement in January, Wong wrote an Instagram post expressing various concerns, including a “lack of diversity” on the + POOL board. While he welcomed the $16 million funding as “a huge and commendable commitment from the City and State,” he questioned whether the public facility would properly serve the nearby Chinatown community, “the majority of whom are people of color and lower income,” he explained.

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“Considering the horrific history of racial discrimination that has impacted America’s public pools, our commitment to accountability to the community and providing access where it’s lacking guides all of our decisions with the communities we serve,” she said.

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