New York. Mayor Adams Announces $5+ Billion in Advance Payments to Nonprofit Providers

On April 29, 2025, New York City Mayor Eric Adams announced a historic initiative to provide over $5 billion in advance payments to city-contracted nonprofit providers in Fiscal Year 2026, a significant increase from the $2.8 billion issued in FY 2025. This unprecedented funding aims to deliver upfront cash to organizations serving vulnerable populations, including…

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NYC Mayor Unveils New Housing Investments in 2026 Budget

On April 28, 2025, Mayor Eric Adams announced significant housing investments for New York City’s Fiscal Year 2026 executive budget, dubbed the “Best Budget Ever,” during an event at Woodhull II. The budget allocates $24.7 billion over 10 years for affordable housing, $350 million for NYCHA repairs, $229 million for nearly 6,000 supportive housing units,…

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NYC Reports Sharp Decline in Construction Injuries for 2024

New York City Mayor Eric Adams and Department of Buildings Commissioner Jimmy Oddo released the 2024 Construction Safety Report on April 25, 2025, detailing a 30% reduction in worker injuries and a 24% decrease in construction incidents, marking nine- and ten-year lows, respectively. Fatalities remained at a decade-low seven. The report credits a record 416,290…

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Eric Adams and NYPD Smash 3,575 Illegal Guns to Shred NYC Violence

On April 24, 2025, Mayor Eric Adams and NYPD Commissioner Jessica Tisch teamed up with community bigwigs to obliterate 3,575 illegal firearms—3,375 handguns and 200 rifles—at a Westbury, NY, scrapyard, sending a loud message against gun violence. Part of a whopping 21,400 guns nabbed since Adams took office, these weapons, including over 1,400 untraceable ghost…

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Mayor Adams and CTO Fraser Announce New York City’s Inaugural Cryptocurrency Summit

On April 23, 2025, New York City Mayor Eric Adams and Chief Technology Officer Matthew Fraser announced the launch of New York City’s first Cryptocurrency Summit, scheduled for May 20, 2025, from 2:00 PM to 8:00 PM. The summit will convene distinguished leaders, including founders, chief executive officers, and investors from the cryptocurrency, blockchain, and…

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