New York City is exploring the possibility of paying reparations to descendants of slaves. The City Council recently approved proposals aimed at addressing the historical impact of slavery, though Mayor Eric Adams has yet to sign them into law.
Supporters of the move highlight that New York once had one of the highest rates of slave ownership in the U.S., and businesses benefited from slavery until 1866. A proposed bill would mark the location of New York’s first slave market on Wall Street.
Public Advocate Jumaane Williams emphasized the moral obligation to acknowledge the painful legacy of slavery, which still affects Black Americans today. However, not all council members agree. Republican leader Joseph Borelli opposed the plan, stating that current generations shouldn’t bear responsibility.
If approved, the city’s Commission on Racial Equity will propose remedies and work with the state commission on potential reparations.
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