Study: Many New Yorkers under financial stress

04/30/2014 | New York Times (tiered subscription model), The

Data from New York City's Center for Economic Opportunity shows that 46% of New Yorkers have total income less than 150% of the poverty threshold, a figure widely used to define people who are struggling financially. Deputy Mayor Anthony E. Shorris said the administration of Mayor Bill de Blasio will confront this "stubborn undercurrent" with a range of policies and legislative initiatives.

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