Mayor Eric Adams is dropping out of New York City’s mayoral race amid escalating pressure to clear the crowded field in a last-ditch attempt to stop socialist Zohran Mamdani’s election to City Hall.

The bombshell move comes after weeks of back-and-forth over whether Adams would bow out of the race, in which he is polling fourth, far behind frontrunner Mamdani, former Gov. Andrew Cuomo and also, Republican nominee Curtis Sliwa.

“It’s been an honor to be your mayor,” Adams said in a video announcement, according to a transcript obtained by The Post, touting his victories over his first term.

“Although our successes… I know I cannot continue my campaign,” he said.

“I strongly encourage who ever takes over City Hall to continue what we’ve done.”

Adams did not endorse any of the other ca

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