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Mayor Eric Adams, NYCHA Establish Public Housing Preservation Trust Board, Appoint Six Members

New York City Mayor Eric Adams and New York City Housing Authority (NYCHA) Interim CEO Lisa Bova-Hiatt today announced six appointments to the newly established board of the New York City Public Housing Preservation Trust. Following the publication of final voting procedures for the Trust last December, the formation of the board marks another key milestone, which…

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Mayor Eric Adams’ Statement on New York Rent Guidelines Board Preliminary Vote

New York City Mayor Eric Adams tonight released the following statement after the Rent Guidelines Board took a preliminary vote presenting a range for rent-stabilized lease adjustments of two to five percent for one-year leases and four to seven percent for two-year leases: “While we are reviewing the preliminary ranges put forward by the Rent…

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New York Mayor Adams, MTA Announce new Investments in Public Space, Good Jobs, Affordable Housing Around Broadway Junction Subway Station

New York City Mayor Eric Adams today announced a major public investment in the area around the Broadway Junction subway station in Brooklyn that will deliver vibrant public space, improve quality of life, create family-sustaining jobs, and unlock inclusive economic growth throughout East New York. Driving the plan is a $500 million public investment in…

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