Frank Carone, who was a partner at the politically plugged-in Abrams Fensterman law firm before coming to City Hall in January, once represented developers like the Fortis Property Group, which is pursuing a project on the Brooklyn waterfront that will require approvals from the city.
Deputy Mayor for Public Safety Phil Banks and the mayor’s top lawyer Brendan McGuire will lead the task force, Adams said, which will also include reps and labor relations, budget, contracting and construction agencies.
A source familiar with the matter told the Daily News that the mayor attended at least one fundraiser for his reelection bid during the Los Angeles trip.
“New York State is the only state to require a license for crypto companies. That’s a high barrier, and it just makes us less competitive. We have to continue to be competitive,” Adams said during a virtual appearance at the Financial Times Crypto and Digital Assets Summit held in London.
A report from the city’s comptroller’s office published Tuesday found that New York State’s controversial 2019 bail law has not driven a surge in rearrest rates, and that there is “no evidence” that a rollback of the reform will curb the crime wave menacing New York City.