Tag: New York
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G7 Leaders Announce $50 Billion ERA Loans for Ukraine’s Recovery and Defense
The G7 has pledged approximately $50 billion in Extraordinary Revenue Acceleration (ERA) loans to support Ukraine’s budget, military, and reconstruction efforts. These loans will be repaid through future revenues generated from frozen Russian sovereign assets, adhering to international law and each member’s legal framework. The G7 aims to begin disbursement by the end of 2024,…
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NYC Mayor Eric Adams Welcomes Home NY-TF1 and FDNY Heroes from Hurricane Recovery Efforts in Florida and North Carolina
New York City Mayor Eric Adams celebrated the return of 192 members from the Urban Search and Rescue New York Task Force 1 (NY-TF1) and the Fire Department’s Incident Management Team (FDNY IMT) following their deployment to assist with recovery efforts in Florida and North Carolina after Hurricanes Helene and Milton. Activated by FEMA and…
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NY Governor Hochul Launches Next Phase of Long Island’s Nation-Leading Cell and Gene Therapy Innovation Hub: New York Biogenesis Park
Earlier today, Governor Kathy Hochul unveiled plans for New York BioGenesis Park, a groundbreaking $430 million Cell and Gene Therapy Innovation Hub in Nassau County, Long Island. To be developed by The Albanese Organization, Inc., this state-of-the-art facility would catalyze CGT research, development, clinical manufacturing, and commercialization across New York State. With a historic $150…
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NY Governor Hochul Announces Free SUNY, CUNY, and Private College Applications for New York Students Starting October 21, 2024
Governor Kathy Hochul has announced that New York’s high school seniors will again benefit from waived application fees at SUNY, CUNY, and over 50 private colleges during College Application Month, from October 21 through mid-November. This initiative aims to reduce financial barriers to higher education and follows recent expansions in Tuition Assistance Program (TAP) eligibility.…
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Trump Humiliates Chuck Schumer and “White Dudes for Harris” with Hilarious Speech: Crowd Erupts in Laughter
Donald Trump Delivers Humor and Political Jabs at the 2024 Al Smith Dinner Donald Trump attended the 2024 Al Smith Dinner, an event known for light-hearted political humor and fundraising for Catholic charities. During his speech, Trump blended humor with political commentary, joking about his ongoing legal battles and subpoenas. He also took subtle digs…
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NYC Mayor Adams: Yankees, Mets, Liberty Playoff Games Drive Nearly $200 Million in Economic Impact for NYC
New York City Mayor Eric Adams announced that the 2024 playoff runs of the Yankees, Mets, and Liberty have generated nearly $200 million in economic activity so far. Each additional Yankees and Mets home playoff game is expected to bring between $20 million and $25 million in further revenue, boosting local businesses and jobs. NYCEDC’s…
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New York Reaches 6-Gigawatt Solar Milestone a Year Ahead of Schedule, Strengthening Climate Goals
On October 17, 2024, Governor Kathy Hochul announced that New York State has achieved its goal of 6 gigawatts (GW) of distributed solar capacity, marking a significant step toward clean energy leadership. Completed a year ahead of schedule under the Climate Leadership and Community Protection Act, the milestone ensures solar power now benefits over one…
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New York State Crime Stats: Governor Hochul Reports 26% Drop in Gun Violence, Lowest Since 2006
Governor Kathy Hochul has announced a 26% reduction in shooting incidents with injuries across New York State for 2024, marking the lowest levels of gun violence since tracking began in 2006. Communities such as Niagara Falls, Syracuse, Rochester, and Long Island reported significant improvements. This decline is attributed to strategic investments, including a 1,200% increase…
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New York. Mayor Adams Celebrates Milestone: First Phase of East Side Coastal Resiliency Completed Early and $10 Million Under Budget
New York City Mayor Eric Adams announced the early completion of the first phase of the $1.45 billion East Side Coastal Resiliency (ESCR) project, which aims to protect over 110,000 residents from future storms and rising sea levels. The completed section, spanning from East 15th Street to Asser Levy Playground, enhances flood defenses with raised…
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NYC Mayor Adams and Future of Fifth Partnership Reveal Bold Plan to Transform Fifth Avenue into Pedestrian-Focused Green Boulevard
New York City Mayor Eric Adams, alongside the Future of Fifth Partnership, announced a transformative redesign of Fifth Avenue between Bryant Park and Central Park. The ambitious project, aimed at enhancing pedestrian safety and boosting economic growth, will nearly double sidewalk space, reduce traffic lanes, and introduce over 230 new trees and 20,000 square feet…
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NYC Mayor Adams and NY Governor Hochul Celebrate Extension of 421-a Tax Incentive, Promising 71,000 New Homes, Including 21,000 Affordable Units
New York City Mayor Eric Adams and NY Governor Kathy Hochul announced progress on the 421-a(16) extension, revealing Letters of Intent from developers for 650 buildings that will create 71,000 homes, with 21,000 designated as affordable units. The initiative, part of the Adams administration’s housing agenda in Albany, aims to alleviate the city’s severe housing…
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NYC Mayor Eric Adams Shuts Down 1,200 Illegal Shops, Seizes $80 Million in Illegal Products
New York City Mayor Eric Adams, alongside the NYPD, the Sheriff’s Office, and the Department of Consumer and Worker Protection, has shut down over 1,200 illegal shops through the “Operation Padlock to Protect” initiative. The operation has led to the seizure of $80 million worth of illegal products, including hazardous vape devices, which were transported…
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NYC Mayor Adams Discusses Public Safety Initiatives and Leadership Changes October 15, 2024
: In his media availability on October 15, 2024, Mayor Eric Adams emphasized the ongoing efforts to ensure public safety in New York City, highlighting a significant decrease in subway crime and the launch of the Partnership Assistance for Transit Homelessness initiative aimed at connecting unhoused individuals with essential services. He announced the appointment of…
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Mayor Adams and New Schools Chancellor Melissa Aviles-Ramos Discuss Education Reforms on WBLS Radio
On October 13, 2024, Mayor Eric Adams hosted the “Hear From the Mayor” show on WBLS 107.5, featuring the new NYC Public Schools Chancellor Melissa Aviles-Ramos. Highlighting Hispanic Heritage Month, the conversation explored Aviles-Ramos’s inspiring journey, her success in boosting graduation rates, and her vision for the future of NYC public schools. Mayor Adams and…
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NYC Mayor Eric Adams Discusses Housing, Education, and Public Safety in Live Interview on Caribbean Pepperpot Radio
In a lively October 12, 2024, interview on Caribbean Pepperpot Radio, Mayor Eric Adams discussed the challenges and progress of leading New York City. He highlighted his administration’s efforts to improve affordable housing through the “City of Yes” initiative, reform education under Chancellor David Banks, and enhance public safety by tackling crime and illegal cannabis…
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NY Governor Hochul Advocates for Reparations Study and Human Rights at the 88th NAACP New York State Conference
Governor Kathy Hochul addressed the 88th NAACP New York State Conference Annual Convention in Erie County, emphasizing her commitment to justice and equality. She highlighted the significance of New York’s reparations study law, acknowledging the state’s historical ties to slavery, with one in five early New Yorkers enslaved. Hochul praised the NAACP for its legacy…
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NYC Mayor Eric Adams Appoints Saloni Sethi as Commissioner of Office to End Domestic and Gender-Based Violence
On October 11, 2024, New York City Mayor Eric Adams appointed Saloni Sethi as commissioner of the Mayor’s Office to End Domestic and Gender-Based Violence (ENDGBV). Sethi, who has served as acting commissioner since February 2024, brings over a decade of experience working with survivors of gender-based violence. In her new role, she will lead…
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NY Governor Hochul Unveils Finalists for 43North Startup Competition: Eight Innovative Ventures Compete for $5 Million in Buffalo
Governor Kathy Hochul has announced the eight finalists for the 10th annual 43North startup competition, set to take place on October 10 in Buffalo, NY. The finalists, representing industries such as fintech, AI, and foodtech, will compete for five $1 million investments and a chance to scale their businesses in Buffalo’s thriving startup ecosystem. The…
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Mayor Adams Expands Free Lead Water Line Replacement Program in Low-Income Areas
– New York City Mayor Eric Adams today expanded a free program to replace privately-owned water service lines made of lead or galvanized steel at eligible properties in the Bronx and Queens. The program is focused on homeowners who live in environmental justice communities with high concentrations of lead service lines and a median household income of…
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Applications Open for ERA’s Winter 2025 Program: A Key Moment for Startups
The Entrepreneurs Roundtable Accelerator (ERA) has officially opened applications for its Winter 2025 Program, offering a prime opportunity for early-stage startups to scale their businesses within the competitive landscape of New York City. Since its establishment in 2011, ERA has emerged as one of New York City’s leading startup accelerators, fostering a community of innovative…