Tech entrepreneur and former Democratic Party’s presidential candidate Andrew Yang will officially join the already overcrowded field on Thursday to replace temporary mayor Bill de Blasio in 2021, the Post learned.
The announcement follows a rocky rollout after Yang confirmed that he and his family spent the toughest months of the COVID-19 pandemic in their second home in New Paltz state.
Yang, a newcomer to Big Apple politics, made his mark during his long-term bid for the White House in 2020 by campaigning for the promise to give Americans guaranteed cash payments as a way to fight poverty, a controversial proposal known as a basic income.
He plans to launch a similar plan that will guarantee cash payments to half a million New Yorkers up to $ 5,000 a year when he launches his campaign in Morningside Heights – a program that according to a document reviewed by The Post will have a price of $ 1 billion.
The document does not mention the $ 3.8 billion deficit that the authors of the city budget will have to close by July 1, nor the estimated $ 3 billion deficit that the Big Apple will have faced the year after.
Yang has been flirting with a potential campaign for months and hiring a high profile political advisory firm as he addressed the leap into Democratic Mayor Primary School in 2021. The field already has more than two dozen candidates – including City Comptroller Scott Stringer, Brooklyn District President Eric Adams, former top advisor to de Blasio Maya Wiley, and former Sanitary Commissioner Kathryn Garcia.
Boosters say his notoriety from his 2020 campaign and appearances as a political analyst on CNN will give him a huge head start if he tries to break through.
However, his burgeoning campaign has been hit hard by criticism in recent days after Politico New York announced that he had spent much of the spring with his family in their second home in New Paltz. The records of the & City Electoral Committee showed that Yang never once voted for mayor.
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