On July 22, 2024, New York City Mayor Eric Adams, New York Governor Kathy Hochul, and New York City Comptroller Brad Lander announced a $500 million agreement between Mayor Adams, The Battery Park City Authority (BPCA), and Comptroller Lander. The $500 million agreement involves BPCA providing $500 million in excess operating funds to New York City’s Affordable Housing Accelerator Fund to provide New Yorkers improved access to housing by building more affordable housing.
Mayor
City Announces Brownsville Rec Center Renovations, Parks Cleaning Initiaitve
On July 10, 2024, Mayor Eric Adams and other city officials celebrated the announcement of the $160 million reconstruction of Brownsville Recreation Center and the $15 million project to improve cleanliness in 62 parks citywide.
City Announces Official NYC Trash Bins for Sale as Part of Rat Mitigation Efforts
On July 8, 2024, New York City Mayor Eric Adams and New York City Department of Sanitation (DSNY) Commissioner Jessica Tisch showcased the New York City trash bin, that will be required in the future for properties with one to nine residential units as part of the city’s ongoing efforts to reduce rat populations by limiting access to trash for rodents. At the press conference, Sanitation Commissioner Tisch stated, “people wonder why we have a … <Read More>
City to Reopen NYCHA Voucher Waitlist for First Time in 15 Years
On May 20, 2024, Mayor Eric Adams announced that the New York City Housing Authority (NYCHA) will begin accepting applications for the Section 8 Housing Choice Voucher program, which is the first time the waitlist has been open to new applications for almost 15 years. The voucher program is federally funded and administered by NYCHA for rental subsidies for low-come families to rent private housing. Households with a voucher can search for housing within a … <Read More>
City and State Continue to Combat Illegal Smoke Shops, Reform Cannabis Sales in New York
Last week, Governor Kathy Hochul and Mayor Eric Adams made announcements furthering New York’s fight against illegal smoke shops and reforming cannabis sales. The legalization of cannabis has forced the city and state to navigate the development of a new economy with the implementation of strict regulations; the state rollout of licenses and process for siting new dispensaries have limited the number of legal dispensaries that have opened statewide. While the state continues to navigate … <Read More>
Mayor and SBS Celebrate Business Improvement Districts with Almost $7 Million in Investments
On May 6, 2024, Mayor Eric Adams and Small Business Services Commissioner Kevin D. Kim announced new investments to support business improvement districts (BIDs) and community-based organizations. Since 2022, the Adams administration has invested over $27 million for BIDs, merchant organizations, and other community-based development organizations.