Does earning $142,000 in New York City make you rich?
The most recent drama in the fight for mayor has centered on this question.
From The Times
August 20, 2025

Andrew Cuomo’s new line of attack against Zohran Mamdani — that he makes too much to be living in a rent-stabilized apartment — is based on a certain definition of wealth.

A scene of the skyline on Manhattan’s West Side.

Karsten Moran for The New York Times

Does earning $142,000 in New York City make you rich?

MORE ON THE N.Y.C. MAYOR’S RACE

Andrew Cuomo speaks into a microphone with a woman behind him; on the right, Zohran Mamdani speaks into a microphone.

Andrew Cuomo’s attack on Zohran Mamdani’s apartment struck a New York nerve.

People hold up signs that say “Freeze the rent!” and “Renters = 70% of NYC.”

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Zohran Mamdani’s video savvy is easy to envy, but hard to duplicate.

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