Eric Adams, real estate, and the mystery of crime

Bill Bratton, Ray Kelly, Thomas O’Neill and Rudy Giuliani know exactly what drove crime down in New York City: They did, of course. The police commissioners’ strategies — CompStat, precision policing, stop-and-frisk, data analysis and more — and the mayor’s zero-tolerance approach coincided with a breathtaking drop in crime that lasted from the early 1990s until the pandemic. The real estate industry profited handsomely. Nothing is more important to the value of homes, offices and