'We are about to experience a financial tsunami that I don't think the city has ever experienced,' warned New York City Mayor Eric Adams at a rec...
"We are about to experience a financial tsunami that I don't think the city has ever experienced," warned New York City Mayor Eric Adams at a recent meeting about the city's migrant crisis."Every service in this city is going to be impacted, from child services to our seniors, to housing."
According to Adams, the status quo of 110,000 migrant arrivals in just the last year is utterly unsustainable and threatens to"destroy the city." To address the financial impact of the crisis, which he estimates could cost $12 billion by 2025,...
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