News & Events

By Deyanira Del Rio This piece was originally published by The New School’s Center for New York City Affairs In her State of the City address last week, Council Speaker Adrienne Adams called for an additional $4 billion in next year’s City budget for affordable housing, nearly tripling Mayor Eric Adams’ proposed investment. As rents skyrocket […] — This month, Mayor Eric Adams and Comptroller Brad Lander vowed not to deposit city funds with Wells Fargo, following alarming reports that the bank rejected more mortgage refinancing applications from Black homeowners than it approved in 2020—denying hundreds of New Yorkers the opportunity to lock in lower interest rates and build generational wealth.