De Blasio Delivers State of the City Address

Mayor Bill de Blasio delivered his State of the City address on Monday night, promising to help struggling New Yorkers.

During his speech at the Apollo Theater in Harlem, the mayor set a goal of creating 100,000 good paying jobs in the city over the next decade.  He described good paying jobs as those that pay at least $50,000.

De Blasio also promised to expand affordable housing.  He wants to pay for it with a “Mansion Tax,” which would place a 2.5 percent tax on homes sold for at least $2 million.

The mayor also discussed his accomplishments, including a reduction in the city’s crime rate.  Many viewed the speech as an unofficial kickoff for de Blasio’s re-election campaign.

Photo Credit:  Getty Images

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