Housing migrants in NYC hotels will cost $1.4 billion through 2026

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Housing migrants in NYC hotels will cost $1.4 billion through 2026
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Some local residents and politicians are balking at the expense.

New York City will spend $1.365 billion to house migrants in the next three years, according to a new report.

Earlier in September, the city said that more than 110,000 asylum seekers had come to the five boroughs since April 2022. The wave of arrivals has since continued — Mayor Eric Adams said it equates to about 10,000 individuals each month — and has resulted in some protests, with some locals saying the city should make its own residents a higher priority.

“The migrant crisis has evolved into a financial boondoggle, with quietly extended contracts fattening the pockets of a few at the taxpayer’s expense,” Robert Holden, a city councilman, told the New York Post.

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