The rich shouldn t feel like the enemy : Is New York turning on the wealthy?
13 minutes to read
By: Joshua Chaffin
On a recent morning, Eric Adams, the Brooklyn borough president and New York City mayoral hopeful, was providing comfort to one of the city s beleaguered communities. You are part of New York, Adams reassured them. And so if people have not stated it, thank you for being here, and please remain here!
He was talking to the rich.
It might seem odd that they would need a rhetorical pat on the back in a metropolis that typically sees itself as the world capital of wealth, ambition and success and in the midst of a coronavirus pandemic in which the value of their second homes and investment portfolios has soared.
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Five things to watch in the District 24 special
It’s finally here – the first New York City election of 2021 and the first of the ranked-choice voting era – and even if you’ve never heard the word Pomonok, the Council District 24 special election in Eastern Queens could set the tone for this whole season. Here are five burning questions we’ll be looking to answer once the polls close at 9 p.m.
How many voters will rank?
In San Francisco’s first ranked-choice voting election in 2004, nearly a quarter of voters said they only voted for one candidate and didn’t rank – and that was after an $800,000 outreach campaign. Conventional wisdom says that fewer voters ranking would be good news for James Gennaro, the one white candidate, since six of his competitors of South Asian descent might be targeting the same voters. Another question – given the snow and the cold and the lackluster early voting numbers – is how many people will vote at all.
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The race for NYC s next comptroller the city s official money manager and auditor is underway, and early campaigning has helped city councilmember Brad Lander out-raise his rivals so far, giving him an edge toward succeeding outgoing comptroller Scott Stringer (who is now running for Mayor).
The city s Campaign Finance Board s website shows the legislator for Brooklyn s 39th Council District as having raised more than $3 million, an amount that grew exponentially thanks to the city s 8-to-1 matching program. Technically, Lander who announced a run for comptroller in 2019 has raised $779,853 in campaign contributions in which $442,752 qualified him for the taxpayer-funded program s match. Lander boasts his funds were not obtained from the real estate industry.