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This week marked the massive information dump the New York City Campaign Finance Board calls “the filing deadline.” There are enough tidbits and storylines to last us politicos two months until the next one on May 21, but here are 10 things that immediately stood out.
Adams has the money
With $7.6 million on hand, Eric Adams is the undisputed money king of the mayoral race. Scott Stringer is in a not-so-distant second with $6.85 million. Andrew Yang raised an impressive $2.14 million in just two months, but he won’t be eligible to receive his $4.73 million in expected public matching funds until April 15 at the earliest.
arrow Democratic mayoral candidate Andrew Yang holds a news conference in DUMBO. Mark Lennihan/AP/Shutterstock
In just under two months since announcing a run for mayor, Democratic candidate Andrew Yang claims to have raised more than $6.5 million, according to the first-ever filing he submitted to the New York City Campaign Finance Board. But despite his presumptive earnings, he still trails behind Brooklyn Borough President Eric Adams and City Comptroller Scott Stringer, rivals who each claimed to have raised more than $9 million each for their campaign war chests.
As the mayor s race reaches a critical period, some contenders like Maya Wiley have received a much-needed boost this week, while others are struggling to keep up with fundraising.
Transportation Alternatives’s bold plan to claw back a quarter of the city’s public space from the domain of automobiles is already making waves in the mayoral race, with five top progressive candidates backing the safety and quality-of-life initiative. Others reacted tepidly or not did not return responses.
Called “NYC 25 by 25,” the plan asks mayoral candidates to commit to dedicating 25 percent of the space now designated for vehicles including 19,000 miles of roads and three million on-street parking spaces as space for people by 2025 so that New Yorkers might have room to recover from (and thrive after) the COVID-19 pandemic, which has highlighted the city’s lack of equity when it comes to active transportation and green space.
Andrew Yang speaking at an event in Des Moines, Iowa (Image: Gage Skidmore)
Democratic candidate for New York City Mayor Andrew Yang has announced his plan for the first city-backed financial institution to help low-income residents.
According to a release, the People’s Bank of New York (PBNY) will be responsible for direct payments to residents under his universal basic income plan, the bank will also help underserved communities.
“I wake up and I feel privileged that I may have a positive impact on the lives of other people,” Yang said Wednesday according to Newsweek. “I wake up pumped up about what I can do to help our city get back on our feet. If that’s not motivating I don’t know what is.”