Mayor Adams Signs Legislation to Reduce Insurance Costs and Increase Earnings for Taxi and For-Hire Vehicle Drivers

On July 1, 2025, Mayor Eric Adams signed Intro. 1050 into law, a key piece of legislation aimed at easing financial burdens on New York City’s Taxi and Limousine Commission (TLC)-licensed drivers. The bill limits the amount of personal injury protection insurance required by the TLC to no more than 200 percent of the state-mandated…

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New York. Mayor Adams Blasts Off 100K Free Tix for Macy’s 4th of July Fireworks

Mayor Eric Adams is making sure New Yorkers celebrate Independence Day in style—announcing 100,000 free tickets for this year’s Macy’s 4th of July Fireworks, 10 times more than last year. With barges firing off 80,000 explosive shells near the Brooklyn Bridge and East River, the 49th edition promises a skyline spectacle. Free tickets will grant…

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New York. Mayor Eric Adams Vows to Keep NYC Pro-Business Amid Re-Election Push

In a CNBC interview, Mayor Eric Adams defended his re-election campaign, emphasizing his pro-growth, pro-business leadership in contrast to Democratic primary winner Zohran Mamdani. Adams dismissed Mamdani’s platform as unrealistic, warning that policies like rent freezes and government-run services threaten small businesses and economic progress. He cited job growth, record-breaking tourism, and major investments as…

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Mayor Adams Doubles Down on NYC’s Crypto Future at Tokenization Summit

At the Injective Summit on June 26, 2025, New York City Mayor Eric Adams reaffirmed his commitment to making NYC the global hub for digital assets and blockchain innovation. In a fireside chat with Forbes’ Nina Bambysheva, Adams discussed his early crypto adoption, called for the repeal of the state’s restrictive BitLicense, and emphasized the…

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Mayor Adams Celebrates 28% Crime Drop Along Roosevelt Avenue Through “Operation Restore Roosevelt”. Video

Mayor Eric Adams announced a significant 28% reduction in crime along Roosevelt Avenue in Queens, the result of eight months of targeted enforcement under “Operation Restore Roosevelt,” part of the city’s broader “Community Link” initiative. Spearheaded by interagency collaboration and strategic outreach, the effort has led to steep drops in burglaries, assaults, robberies, and other…

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Mayor Adams Visits Site of Bronx Fire, Warns About Dangers of Lithium-Ion Batteries. Video

Mayor Eric Adams visited University Heights in the Bronx after a major five-alarm fire injured 15 people, including firefighters and EMS workers. He thanked the first responders for their bravery and stressed the dangers of lithium-ion batteries, which are believed to have caused the fire. The blaze started on the front porch of a 115-year-old…

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