Mayor Eric Adams thanked Gov. Kathy Hochul and legislative leaders after the announcement of a preliminary budget deal in Albany.
“Governor, if you’re watching, you have a real fan in the mayor. Thank you,” Adams said during his weekly news conference with reporters. “Thank you governor, thank you speaker, thank you majority leader.”
What You Need To Know
- The preliminary budget deal in Albany includes key policies Mayor Eric Adams sought, from housing to enforcement of illegal cannabis shops
- Gov. Kathy Hochul said New York City would get $2.4 billion to cover the cost of caring for migrants
- The details of an extension of mayoral control of city schools being included in the budget are being negotiated
Adams believed the city fared well in the negotiations, scoring a new tax incentive to construct affordable housing; new spending and laws to crack down on retail theft and increasing penalties for assaulting retail employees; authority to padlock illegal cannabis shops; $2.4 billion to pay for the cost of caring for migrants; and a two-year extension of mayoral control of city schools in the works.
But the policies and spending came with some concessions from the mayor and his team.
On the migrant funding, Adams asked the state to cover half the cost.
“Listen, we would love 50-50. We would love 70-30, we would love 90-10,” Adams said. “We got what we wanted.”
On housing, New York’s real estate trade group criticized the housing tax credit for new construction, saying it will spur less development than the one it replaces. But Adams’ aides defended the housing deal.
“These are all the tools that we need to increase the supply of housing in this city,” Deputy Mayor Maria Torres-Springer said.
Adams’ chief advisor, Ingrid Lewis-Martin, also praised an extension of mayoral control of city schools being a part of the final budget as the governor and lawmakers continue to hammer out the details.
“They just want to ensure for the future that, if there’s a new administration down the road, there is a checks-and-balance system,” Lewis-Martin said. “So we’re working really closely with them and we’re excited about it.”
Earlier in the day, Adams gave remarks before a crowd of the city’s movers and shakers at the Association for a Better New York breakfast, praising the budget deal, particularly on housing policy.
“The governor just announced yesterday that the state budget will deliver every single piece of the housing agenda we had been fighting for,” he said. “Is it perfect? No. Is it everything we wanted? No. But we’re a long way from where we were.”