New financial disclosures are again raising questions about Mayor Eric Adams’ real estate holdings.

Adams confirmed Wednesday that he still co-owns a one-bedroom apartment in Crown Heights with his former partner, Sylvia Cowan, contrary to some prior public statements. He included the property on an annual financial disclosure form released by the city’s Conflicts of Interest Board, and amended his forms from previous years.


What You Need To Know

  • Adams confirmed Wednesday that he co-owns a Brooklyn apartment with his former partner, Sylvia Cowan

  • He included the property on an annual financial disclosure form released Wednesday, and amended his forms from previous years

  • Adams said during last year's mayoral campaign that he transferred his share of the property in 2007

  • According to City Hall, proper paperwork was not completed at the time of the transfer, a process it says is now underway

Adams said during last year’s mayoral campaign that he transferred his share of the property to Cowan in 2007. He said the confusion is due to Cowan and his accountant failing to file the proper paperwork, and was not eager to address the topic at an unrelated new conference Wednesday.

“You guys know I’m not going to go over and over and over and over again the same thing,” he said in response to questions. When pressed further, he told a reporter: “This is not your press conference, it’s mine. I answered the question, and I’m not going to go back and forth.”

A statement released by the Mayor’s press secretary, Fabien Levy, said: “The mayor has not lived at, earned any income from, or controlled the property in over a decade. As was said during his campaign last year, Mayor Adams transferred his interest in the property to the other owner in 2007. However, once he got a new accountant, the mayor realized all the proper paperwork had not been filled out in the past. That process is now underway and that is why the mayor proactively and personally called COIB before he took office and asked about what amendments needed to be made to past filings.”