New York City Mayor Eric Adams finally released his tax returns, months after initially telling reporters he would simply release “tax information,” which would have marked a break in tradition from mayors past.
Make your contribution now and help Gothamist thrive in 2022.Mayor Eric Adams finally released his tax returns, months after initially telling reporters he wouldThe 24-page itemized filing, released by City Hall two days before they were due to the IRS, shows Adams received a total of $245,324 in income last year — that’s between his yearly salary as Brooklyn borough president, pension, and rental income.
The mayor also included his legal residence as Brooklyn, a topic that generated speculation during his run for mayor around. Adams said he lived in the basement of his two-story townhouse in Bedford-Stuyvesant, ultimately inviting reporters to tour it. The mayor, who said he had stayed overnight at Brooklyn Borough Hall during the early days of the pandemic, now lives in Gracie Mansion.
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