In his State of the City speech, New York City Mayor Eric Adams highlighted his administration’s progress on public safety and economic recovery, while promising modest action on housing, despite the city’s financial strains. He announced plans to build affordable housing on city-owned land, aiming to create or preserve more than 12,000 units across various sites, and called for state and federal support to facilitate more construction and office conversions to residential use. Additionally, Adams revealed plans for a new agency to regulate bicycle deliveries and declared social media a public health hazard. The speech, heavy on political alliances and delivered amidst declining approval ratings and budget cuts, emphasized Adams’ commitment to affordable housing, sustainable development, and the city’s clean energy future, including a $100 million investment for a Climate Innovation Hub at the Brooklyn Army Terminal.

https://www.crainsnewyork.com/politics-policy/state-city-2024-eric-adams-demands-housing-help-leans-allies