Following the passage of his administration’s major housing initiative, Mayor Eric Adams is now pressing forward with a move to alleviate the financial strain on New York City’s working class by proposing a notable cut to city income taxes. As reported by Gothamist, the so-called City of Yes housing reform aims to add 80,000 new homes to tackle the paltry 1.4% vacancy rate, a cornerstone in Adams’ strategy to make the city more affordable.