And so right now, I think our Council of Economic Advisers' estimate of how much harm there is to GDP is it's probably going to cost us one to one and a half percentage points of the fourth quarter. But that doesn't mean we're going to get a negative quarter. I think if we had two or three more weeks, especially if it ran into Thanksgiving, we probably would have had a negative quarter.
Mayor Eric Adams announced Thursday that the owners of one and two-family homes who receive Basic or Enhanced School Tax Relief (STAR or E-STAR) credits will receive a $59.30 check to cover the cost of their official NYC Bin. The Adams Administration said checks will be arriving at homes across the city in the coming weeks, adding that homeowners do not have to do anything in order to receive them as the Department of Finance will be automatically sending them out.