New York, NY – In what sounded much like a campaign speech, City Council Speaker Christine Quinn delivered her annual State of the City Address today.
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The mayoral hopeful placed a heavy emphasis on economic inequality and what she says is a “affordability crisis” in her final State of the City as council speaker.
Quinn also unveiled a new study about the city’s shrinking middle class, showing that the average middle class income has declined steadily since 2001, while costs of living have surged.
“We need to make sure that the people who want to stay in our great city can afford to stay here,” said Quinn. “We have no greater challenge or obligation to the families we represent than to tackle this problem head on and deliver results. The future of our city depends on it. It comes as no surprise to any New Yorker that affordable housing is at the heart of this crisis.”
The report by Quinn and the City Council’s finance division show housing costs in Manhattan and Brooklyn are the most expensive in the country.
During her speech Monday, Quinn also laid out a proposal she says will make housing more affordable.
The plan includes the construction of 40,000 new middle-income apartments over the next 10 years.
To watch the full speech click at NY 1 here
If this woman wins you are all going to wish for the good old days with Bloomberg
Looters! Take from the well off and give to the undeserving.