Dear New Yorkers,
Tomorrow, the chair of the beleaguered New York City Housing Authority is set to announce he’s stepping down, THE CITY has learned.
Chairman Gregory Russ was notable for masterminding a financial rescue plan for the public housing system — while himself enjoying a generous compensation deal that included a Tribeca apartment and a six-figure salary.
Once Russ is gone, his job will become strictly voluntary with a minimal monthly stipend of $250 to attend board meetings.
During his three years running NYCHA, Russ collected a salary of between $414,000 and $430,000 as both CEO and chair. When he spilt his role last fall and became chair only, he still earned as much as Mayor Eric Adams and more than Gov. Kathy Hochul.
Read more here.
Some other items of note: - All aboard THE CITY’s next subway quiz! More than 40,000 people took our first transit trivia test so we’ve rolled out another one. Even if you don’t know all the answers, you might learn something new about underground New York.
- A former deputy chief actuary has brought a federal bias suit against City Hall alleging he was denied a promotion because of his race and sexual orientation — not his ability to handle billions of dollars of pension and retirement investments.
- Strolling right along, the MTA is adding even more space for baby carriages on more than 1,000 city buses. Transit officials say its pilot program for strollers on buses has been “overwhelmingly positive.”
- John Lennon said “I am the Walrus.” Eric Adams says “I am the Colgate,” and that he’s starting his own newsletter to spread the word about all the stuff he says he’s getting done that the press won’t fairly report. All that and much more gets discussed on the latest episode of the FAQ NYC podcast.
- Bronxites, listen up: Applications for community boards in your borough are now open through March 3. Interested? Read our guide on what boards do and what to know before you apply.
- See how New York City’s doing with our newsroom’s economic recovery tracker.
- For the latest local numbers on COVID-19 vaccinations, testing rates and more, check our coronavirus tracker.
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