Former HUD Secretary Shaun Donovan guessed around $100,000
Former Citigroup exec Raymond McGuire went lower, at $80,000-$90,000
In the first quarter of 2021, the median price went above $900k for the first time
As recently as 2003, the median price in Brooklyn was still way above $100k
The only candidate to correctly name the median home cost was Andrew Yang
Donovan and McGuire are two of the biggest contenders left in the mayoral race
The primary, which essentially decides the mayor in NYC, is set for June 22
How The Mayoral Candidates Will Make Housing More Affordable In NYC
arrow People gather for a protest in August 2020 demanding New York cancel rent outside of Brooklyn housing court. JUSTIN LANE/EPA-EFE/Shutterstock
This is part of our
(subject line: One Issue Explainer)
Last week, Governor Andrew Cuomo signed a bill extending a moratorium that prevents New Yorkers from getting evicted from their home, a move the State Legislature says is intended to avert an eviction crisis triggered by the pandemic. But the rent being too damn high is something that has existed long before the pandemic, and is one of the critical issues voters may be looking at when choosing the next mayor.
SHARE:
Candidates for mayor of New York City have made their cases this year in Zoom forums and delivered impassioned stump speeches, but there may be no pitch as effortlessly engaging as a candidate joyfully dancing toward a camera, telling New Yorkers she’s “on her way to replace Bill de Blasio as NYC’s first afro latina mayor.” That’s what former nonprofit leader Dianne Morales did in one of her TikTok videos last fall, amassing over half a million views.
Morales has combined effective online communication and organizing with the farthest-left platform in the race to amass a progressive, young fan base that has propelled her from a relatively unknown nonprofit leader to a champion of the left. Morales supporters congregate on online platforms such as TikTok, Twitter and even the audio chatroom Clubhouse. On Twitter especially, fans of the candidate can be spotted easily by their profile photos set against purple, pink and orange gradient backgrounds. This sunset-color
America’s Failed Experiment in Public Housing
It leaves families living in squalid conditions, trapped in segregated neighborhoods. Rather than spending billions on socialized shelter, we need to put money in their pockets to give them choices.
May 10, 2021 •
(Shutterstock) President Biden’s nearly $2 trillion infrastructure package calls for doubling down on public housing. Projects are in “disrepair,” the plan rightly observes, with “critical life-safety concerns” and “imminent hazards to residents.” Biden proposes investing $40 billion to clean and green them. This is roughly 14 times the federal government’s current capital spending on public housing agencies, and it’s likely just the beginning.