The two City Council measures will create a small business portal and require additional commercial property registration, respectively. On October 18, 2022, Mayor Eric Adams signed two bills, Intro 116 and Intro 383, to promote the city’s economic recovery. Intro 116 will help small business owners with City administrative needs and Intro 383 provides the city with more data about the extent of commercial vacancies citywide.
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Mayor Announces Changes to NYCHA Leadership Structure
On September 15, 2022, Mayor Eric Adams announced a new leadership structure for the New York City Housing Authority (NYCHA). The new structure will split the roles of the NYCHA chair and chief executive officer, which until now had been held together by one person. Greg Russ will step down as the chief executive officer but will remain the chair. NYCHA Executive Vice President of Legal Affairs and General Counsel Lisa Bova-Hiatt will serve as … <Read More>
City Authorizes One-Time Tax Rebate for Homeowners
Homeowners of a one, two, or three family residence are now eligible for a $150 tax rebate. On August 24, 2022, Mayor Adams signed Local Law 82 into law. The bill authorizes a one-time property tax rebate up to $150 to hundreds of thousands of eligible New York homeowners. The bill was introduced (Intro 600) and voted on by the City Council in early August, passing by a unanimous vote following a public hearing.
City Receives $7.25 Million Grant to Expand and Revitalize Greenways
For the first time in nearly 30 years, the city is developing a plan to expand and fill gaps in greenways across all five boroughs. On August 22, 2022, Mayor Eric Adams announced that New York City has received a $7.5 million grant from the US Department of Transportation’s (USDOT) Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program that will be dedicated to plan for a major expansion of the greenway network citywide.
NYC’s Speed Cameras Go 24/7
Since the automated enforcement program launched in 2014, speeding violations dropped on average of 72 percent at camera locations. On August 1, 2022, all of the City’s speed cameras began operating 24/7/365. This change stems from June 24’s passage of a state law amending speed camera hours. The bill’s prime sponsors in the State Assembly and Senate were Assembly Member Deborah Glick and State Senator Andrew Gounardes, respectively.