New York City’s near-poverty rate drops by percentage point, de Blasio announces

The rate of near-poverty in the city has dropped by a percentage point, Mayor de Blasio announced Tuesday — the first statistically significant drop since the 2008 recession and the largest drop since 2005.

The near-poverty rate includes those New Yorkers living below the poverty line, as well as New Yorkers near the poverty line — making up to 50 percent above it, or $47,634 for a family of four.