Former New York Governor Andrew Como, who lost the democratic primaries of New York City to Zahran Mamdani with important margins and is now competing as an independent jacket, is second in the race to obtain the title of mayor in the largest city in the United States.
Mamdani won the ability to bear the costs, but Komo criticized him Plan As is extreme and not possible. Al -Jazeera analyzed Komo’s economic policies to find out what it offers to the New York residents.
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Housing
Komo-who only moved to New York City in September 2024 after living in Westemster, a community in the suburbs north of the city-has been built over the next decade half a million new apartments, two thirds of “reasonable prices”. The plan offers tax incentives for special developers to build more residential developments. It also says that it will reduce the regional division laws to enhance transfers from the office to housing.
However, a lot of what he really describes is the city’s policy.
New York launched a program for housing in 2020 under the leadership of former mayor Bill de Palacio, followed by reforms last year to accelerate transfers under the current Eric Adams.
According to a report issued by City Comptroller Brad Lander, who also ran in the introductory elections but has since supported Mamdani, these initiatives have already produced 44 transfers. It is expected that the projects that have ended or on top of up to 17,400 units throughout the city-most of which are studios and apartments consisting of one bedroom-including one of the largest office transfers to housing in the country in the lower Manhattan.
Cuomo’s plan to expand housing options throughout the city also to the land owned by the public, including vacant pieces, to allow new housing development and the development of mixed use-such as both other prominent candidates, Mamdani, a former member of the State Association, and Adams.
Como wants to pump $ 2.5 billion to public housing over the next five years, which will be 75 percent over the city’s current financing. For housing protection, he wants to add more lawyers in the city’s housing court system to help tenants who have cases such as harassing tenants and illegal evacuation and providing more housing vouchers to help treat homelessness.
However, the history of Komo says otherwise. When he was a ruler, he pushed the state to reduce funding for a rental voucher program called Advantage. The discounts were left by Albani, the state capital, the city hall, that is, the option other than completely reduced the program.
One of the few new ideas of Komo, which was the US Secretary of Housing and Urban Development in the past, is called the “Zahran Law”, which is likely to be the mayor of New York. The new law will put the income boundaries on those looking for stable apartments for rent all over the city, which represent about half of the rental housing shares.
Como said that the law will not be punished for those who see their entry increasing while living already in a unit that settled the rent.
The rental program in New York City has never been designed, taking into account some income levels. It was aimed at organizing the broader housing market and protecting the population from the high rental prices facing market price apartments at times of housing scarcity.
“I think this is the book of play all the time, it is a kind of fighting, stealing an idea, and providing less than their New York resident’s ambition,” said Aden Linchener, founder of Carroll Street campaigns in New York.
crossing
The most ambitious Komo proposal is to put the transportation system in New York City under the control of the city itself. The Urban Transport Authority (MTA), which supervises the subway, buses and railways of passengers, was under the jurisdiction of the state since the agency was established in 1968. This structure gives the ruler an inappropriate authority over the operations of the largest transit system in the country.
The transfer of control to the city hall will be a sharp challenge because many of its financing comes from the taxes and revenues collected by the state. Even if that happened and Cuomo wanted to increase the city’s tax rate to pay for it, he will still need a file Buy from the rulerWhich accepts or denies the proposed tax rate for the city.
This dynamic financing is a major reason for the suggestion of Mamdani free doubts. Its implementation will require the construction of the alliance and leverage in Albani, which critics have said is the best use in other urgent issues such as caring for comprehensive children.
As a state deputy, Mamdani managed to help programming a free pilot program, but expanding such an initiative at the city level will be more complicated than the mayor’s office without controlling MTA, a major weakness in the Mamdani campaign that Komo tried to benefit from.
Como, on the other hand, does not pay for free transit like Mamdani, but he suggested that he will look at some free roads. He also said that it will expand access to the so -called Fair Wares program, which offers reduced prices to low -income population.
Cuomo’s push to demand control of the city in MTA also comes with a somewhat volatile political history.
During his time as a ruler, he was often accused of the state’s authority’s weapon over the crossing against the Blasu president at the time, as he received the credit for successes with blame for the disruption of service in the city hall. the Tighten the rope more The responsibility for performing the transit has always been a point of disagreement between Albani and the city council.
Cuomo has a busy record in providing major transport projects. Under its watch, the subway line was expanded, and the long -awaited construction began for another metro line and the Pennsylvania station began one of the largest transportation centers in the city, in a great activation. He also supervised the rebuilding of the La Gardadia airport.
Lencher pointed out that Cuomo proudly got the credit for those victories, but when the city’s metro system faced widespread delays in 2017 during construction-it was colloquially referred to as Summer of Hell, where there were continuous equipment and the worst performance in the time specified for any group transit system in the world-Komo said it is “MTA in the city.”
Functions
Cuomo has developed a job plan called by the $ 1.5 billion economic capital fund, which would finance projects throughout the city. It also suggests an innovation center that would provide grants to start startups and provide tax exemptions if they can prove that they can provide opportunities for job growth to the city.
It also adds a “fast -track regulatory review” for a period of 90 days, which is a promise to cut the red strip to develop business. Both competitors made similar promises, but Mamdani focuses on a small business economy.
CUOMO for Cuomo Training and Development Programs includes the expansion of current vocational training and training programs for people who want to follow jobs in areas such as health care.
Although he offered to promote more training programs that would help “prepare for jobs that do not require a university degree”, he has not provided any details about what it would be. Como representatives did not respond to the island’s request for more details.
Taxes
In 2021, Como was behind one of the largest tax increases in the history of New York State. His management raised the corporate tax rate by 0.75 percent. He also raised taxes to those who achieve one million dollars to 2 million dollars to 9.65 percent from 8.82 percent and built in two new tax brackets: for those who get $ 5 million to $ 25 million, was 10.3 percent, and 10.9 percent for those who get more than $ 25 million annually.
His new plan, as mayor, does not include any tax on tips for restaurant workers, eliminating the income tax for the New York residents who achieve or less than 200 percent of Federal Poverty-31300 dollars annually for the individual family and $ 64,300 for a four-person family.
For the wealthy New York residents, he said that it will increase the palace tax threshold, an additional tax for real estate treatment, to $ 2.5 million, from its current level of one million dollars.
The planned tax cuts raises questions among experts about how to pay it in exchange for his proposals.
Unlike Mamdani, Cuomo has not provided a detailed plan on how he has entrusted to pay the price of his platform, and Adams has his current record to refer to him, including increasing tax groups and low spending.
“They (Mamdani Campaign) always ask how you will pay for (Mamdani Policy proposals). Como and people have no right to the same interrogation line,” said Cavan Shouf, a New York State delegate to the National Democratic Committee and senior consultants at the Institute for Education, according to the island.
“The truth here is that (the Como campaign) has reached a plan to develop a plan.”
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