NYC budget: Millions in library, cultural funding restored as Mayor Adams, City Council inch closer to deal

Millions of dollars in funding for the city’s cultural institutions and public libraries will be restored in a NYC budget deal expected to be unveiled Friday, Mayor Eric Adams and City Council Speaker Adrienne Adams jointly announced.

After months of wrangling over the cuts, which Hizzoner made in the name of balancing the city’s finances, the pair agreed to restore $53 million to the city’s cultural institutions — via the Cultural Institutions Group and Cultural Development Fund — as well as $58 million to the New York, Brookly and Queens Public Libraries