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Midday News: Beware of Congestion Pricing Scams, Gov. Hochul Targets Hedge Funds in Housing Market, and Mayor Adams Highlights Mental Health in State of the City Address

4 snips
Jan 10, 2025
As congestion pricing kicks off in Manhattan, warnings about tolling scams are front and center for drivers. Governor Hochul targets hedge funds to boost access to single-family homes, shaking up the housing market. Mayor Adams shines a light on mental health and homelessness in his impactful State of the City address, promising investments for improved services. The podcast delves into the political landscape surrounding these initiatives and the reactions they're sparking among both supporters and critics.
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ADVICE

Avoid Congestion Pricing Scams

  • Be wary of congestion pricing scams requesting personal information like your social security number.
  • Verify tolls through the official website, tollsbymailny.com, and disregard texts from sources like "NY Toll Services."
INSIGHT

Hochul Targets Hedge Funds

  • Governor Hochul targets hedge funds to increase home accessibility for New Yorkers.
  • She proposes a 75-day waiting period for investment firms bidding on homes and limiting their tax benefits.
INSIGHT

Adams' Mental Health Initiative

  • Mayor Adams prioritizes mental health and homelessness, investing $650 million to support these issues.
  • He proposes new supportive housing, Safe Haven shelter beds, and aid for expecting parents in shelters.
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