Besides last names, what do City Council Speaker Adrienne Adams and Mayor Eric Adams have in common? Both of their tenures began in promising fashion for the real estate industry, only to be tarnished at the end — albeit in entirely different ways. The speaker’s flameout was nowhere near as dramatic as the mayor’s, and it involved not corruption but screwing the real estate industry — and housing-starved New Yorkers. More drama lies ahead, assuming the mayor vetoes the Community Opportunity to Purchase Act and perhaps the Construction Justice Act and affordable housing bill Intro 1443-A as well. A COPA […]
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