NEW YORK (AP) — It's become the common catchphrase for those seeking to lead the nation's biggest city: New York is increasingly out of reach for the middle class.
That sounds inarguable in the home of the $125 million penthouse, the $1 million parking spot and the $295 burger. And it's a strategic line for candidates looking to capitalize on the view among many that ultra rich Mayor Michael Bloomberg was out of touch with the average person.
But is it just populist campaign rhetoric, or is the Big Apple really hollowing out at the socioeconomic core?
Key statistics are mixed but indeed sketch a city of increasing economic extremes and a crunch in the middle. It's a trend nationwide, but the wealth has raced to the top faster here.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
A winter storm warning has been issued for Albuquerque and surrounding areas through 11 p.m. Thursday.
Tempers flared Wednesday night at the Albuquerque Public Schools Board of Education meeting as the firestorm over teacher evaluations and student testing continues.
An Albuquerque man says an emergency vet clinic turned away his dying dog because he didn't have enough cash in his pocket to pay to save him. The dog later died.
Closing arguments wrapped up Wednesday in the final sentencing phase of John McCluskey's federal murder trial. The same jury that convicted him of killing an Oklahoma couple, must now decide whether McCluskey should face the death penalty.
Meeting 211 goes to the University of New Mexico Lobos. The Lobos and New Mexico State renewed their rivalry on a basketball court Wednesday night with the Lobos winning 79 to 70.
MMA fighter Holly Holm has more than a fight to talk about this week. Holm also has a major sponsor in her corner.