Roosevelt Coalition

Rebuilding New York City

5 Questions for Every Candidate

 

In order to win your vote in 2021, every candidate needs to have a convincing answer to these 5 Questions:

How will you get New Yorkers back to work?

We must ensure that workers and small business owners are able to live, work, and thrive in New York City again. 

The Facts:

  • New York State lost 1 million jobs during the COVID-19 pandemic in 2020; the majority of those job losses were in New York City, which lost over 578,000 jobs. 
  • As of February 2021, nearly half of all the small businesses that existed citywide pre-COVID have closed and remain closed, while revenue for those that remain open has dropped nearly 60 percent.
  • In Lower Manhattan, commercial office leasing dropped nearly 70 percent in 2020, while a staggering 12 percent of businesses in the area — ranging from hotels to department stores to restaurants — closed for good.

How will you make our city’s streets safer?

We must elect leaders who will find real solutions that will improve the
quality of life for all New Yorkers. Public safety concerns are at an all-time high, so it is essential to promote a positive working relationship between our communities and the law enforcement who serve them. We must demand leaders who will utilize innovative approaches with a focus on mental health, social equality and public safety.

The Facts:

  • The number of shootings in the City soared 97% in 2020.
  • The number of murders in the City rose nearly 45%.
  • Burglaries increased by 42% in 2020 and car thefts increased by 67%.

How will you address the city’s increasing budget deficit?

New York City’s business community is the engine that drives our prosperity, but that engine requires maintenance. We must advocate for better tax policy and a regulatory environment that helps our economy, rather than hurt it. Businesses are fleeing the City for areas that don’t overburden them with taxes and needless regulation. Higher tax rates do no good if fewer businesses are paying them.  Tax revenues have already declined by startling levels, leaving city coffers precariously low and nearly unable to fulfill their many promises to residents. We can do better.

The Facts:

  • New York City has lost $10.5 billion in tax revenue because of the crisis created by COVID-19.  
  • The City’s total tax revenue is expected to suffer its first year-over year decline since 2009.
  • City Hall officials said  that the assessed market value of hotel, retail and office properties in the City has fallen by 15.8%, further threatening the City’s budget for the foreseeable future (roughly half of the city’s tax revenue comes from real estate).

How will you stop the exodus of residents from New York City?

We must reverse the mass exodus of residents from New York City. As the government begins to distribute vaccines, the City’s recovery is now within reach. It is essential that leaders prioritize an agenda that promotes community revitalization and once again, restores New York to a place where people dream of living, working and raising a family.

The Facts:

  • 300,000 New Yorkers have fled the five boroughs in 2020, nearly triple the number who left the City in 2019.
  • This shocking exodus of City residents has resulted in an estimated $34 billion loss in income, as well as a plunge in demand for rental properties — NYC rents experienced their largest year-over-year decline on record in January 2020 to 2021, plunging 15.5% in Manhattan and 8.6% in both Brooklyn and Queens.
  • Listings for rent in December 2020 were up 172% from the same time the year before, and the vacancy rate, 5.5%, was the third highest on record.

How will you bring back tourism?

The heart and soul of our economy and our way of life has been brought to its knees and millions of New Yorkers have been negatively affected as a result. We must revive our vibrant, cultural institutions and lure back the tourists who crave the arts, entertainment and hospitality that only New York City can provide.   The show must go on!

The Facts:

  • As of December 2020, arts, entertainment, and recreation employment in New York City declined by 66% from the year earlier, the largest decline among the City’s economic sectors. 
  • New York City drew a record 66.6 million tourists in 2019, generating $47.4 billion in direct spending; in early 2020, the City was on pace for an even better year. But, 2020 resulted in an unmatched drop in visitations — only 22.9 million visitors, 66% below 2019 levels.
  • When indoor dining was closed in March 2020, it triggered the largest disruption the NYC restaurant industry has faced since the September 11 terrorist attacks and Hurricane Sandy — 92% of restaurants could not pay their December 2020 rent.

How to Reach Us

General and press Inquiries:

Emily Sachs
The Coalition to Restore New York
esachs@c2rny.org

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Paid for by The Coalition to Restore New York. Rich Constable, President. Top Three Donors: 1) Madison Square Garden Entertainment Corp. 2) Madison Square Garden Sports Corp. and 3) MSG Networks Inc. Not expressly or otherwise authorized by any candidate or the candidate’s committee or agent. More information at nyc.gov/FollowTheMoney