During his weekly press conference, Mayor Eric Adams expressed that he won't veto the FARE Act, acknowledging the City Council's strong 42 to 8 support for it, rendering any veto effort by him futile.
Despite his decision not to veto the FARE Act, Mayor Adams raised concerns about its potential unintended consequences, particularly in regard to tenants and the real estate industry, indicating that he is still weighing whether to sign the bill into law.
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