City regulators are focusing on potential fund-raising irregularities that could result in the clawback of $10 million from Mr. Adams’s 2021 mayoral campaign.

Adams' indictment on corruption charges hampered confidence in his electability and decimated his fundraising efforts. Even after the case was dismissed, Adams' perceived coziness with the President Donald Trump and his administration further eroded what was left of his popularity.

In a video released on social media, Adams spoke with pride about his achievements as mayor, but said that “constant media speculation” made it impossible to stay in the race.

The beleaguered New York City mayor’s bid was hampered by legal problems, a lack of money and unshakable ties to President Donald Trump

Mr. Adams has suspended his re-election campaign, becoming the first mayor of New York City to fail to win a second term since David N. Dinkins.

The Council on Thursday approved a 99-year sublease of a six-story building to locate a supportive housing program for ex-Rikers inmates, called Just Home, at the Jacobi Hospital campus in Morris