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In The Battle For The Soul Of New York, Real Estate Is The Front Line
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NYC mayoral contenders propose direct cash assistance
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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.
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.”
How Cuomo Is Looming Over The NYC Mayor’s Race
arrow Mayor de Blasio joins via videolink Governor Cuomo announcement and briefing on COVID-19 response at Iona College at New Rochelle. Lev Radin/Pacific Press/Shutterstock
During a mayoral forum this week that focused on what types of state policies the candidates would pursue in Albany, City Councilmember Carlos Menchaca, a left-leaning contender in the race, was asked how he would handle working with Governor Andrew Cuomo.
The forum s moderator Ben Max of Gotham Gazette, reminded Menchaca that in the 2018 gubernatorial election he endorsed Cuomo s opponent, the actress-turned-progressive-activist Cynthia Nixon.
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