Tag: Mayor Eric Adams

Mayor and Council Speaker reach $112B budget deal that restores many unpopular cuts

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Jun. 28, 2024 By Ethan Stark-Miller Mayor Eric Adams and City Council Speaker Adrienne Adams capped off another contentious round of city budget negotiations on Friday by shaking hands on a tentative $112.4 billion Fiscal Year 2025 spending plan that restores many of the mayor’s unpopular cuts. The not-yet-finalized budget deal comes just two…

NYC Budget: Talks in ‘holding pattern’ as June 30 deadline looms, Speaker Adams says

City Council Speaker Adrienne Adams talks NYC budget

Jun. 20, 2024 By Ethan Stark-Miller City Council Speaker Adrienne Adams said Thursday that negotiations over the nearly due city budget are in a “holding pattern” — co-opting Mayor Eric Adams’ frequent description of the spending plan as a plane he will land. The speaker’s comments indicated that negotiations over the city budget are…

NYC panel could hike rents for stabilized tenants 6.5% in Monday vote

The nine members of the Rent Guidelines Board vote at Hunter College.

Jun. 17, 2024 By Ethan Stark-Miller A New York City board will vote Monday night on how much to raise rents this year for the Big Apple’s approximately 1 million stabilized tenants — a hike that could reach as high as 6.5%. The nine-member panel, known as the Rent Guidelines Board, will hold its…