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Mayor Announced Major Backer to Redevelop City-Owned Building

Summary by The City
Jeffrey Gural’s firm won bidding to convert the lower Manhattan home to the city’s housing agency into 3,700 apartments — after his family gave $45,000 to an Eric Adams super PAC.

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The CityThe City
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Mayor Announced Major Backer to Redevelop City-Owned Building

Jeffrey Gural’s firm won bidding to convert the lower Manhattan home to the city’s housing agency into 3,700 apartments — after his family gave $45,000 to an Eric Adams super PAC.

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  • 100% of the sources lean Left
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The City broke the news in on Monday, December 8, 2025.
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