Mayor Mamdani announces winner of NYC's first ever 'Municipal Madness'
New York City Mayor, Eric Adams, has announced the winner of 'Municipal Madness', the city's first-ever municipal bond competition.
The competition, which aimed to encourage innovative and sustainable infrastructure projects, received over 150 submissions from various organizations and developers.
The winning project, details of which have not been disclosed, will receive a significant investment from the city to support its implementation.