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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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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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Mayor Adams Outlines Aggressive Push to Tackle NYC’s Mental Health Crisis. Video

New York City Mayor Eric Adams, in an April 22, 2025, briefing, detailed the city’s three-year campaign to address severe mental illness, blending compassion with assertive action to move individuals from street encampments and subways into hospital care. Speaking to reporters, Adams described clearing hazardous encampments and launching programs like PATH and SCOUT, which pair…

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