The 'two cities' Bill de Blasio will inherit

Newly elected New York City Mayor Bill de Blasio waves to the crowd at his election night party on November 5, 2013 in New York City. De Blasio beat out Republican candidate Joe Lhota and will succeed Michael Bloomberg as the 109th mayor of New York City. He is the first Democratic mayor in 20 years. 

Bill de Blasio will be the 109th mayor of the city of New York, becoming the first Democrat to lead the nation's largest metropolis in nearly a quarter century. De Blasio defeated his Republican opponent Joe Lhota, scoring 73.3 percent of the vote.

"A tale of two cities" was the theme of de Blasio's campaign that carried him to victory. The idea that there are two New York Cities, one for the rich and one for the poor, was attacked as a divisive idea on the campaign trail, but resonated with voters living in an increasingly expensive city with higher income inequality than any other metropolitan area in the U.S. Marketplace reporter Sabri Ben-Achour tells MMR host David Brancaccio about the divided city Mayor-elect de Blasio will inherit on January 1.

About the author

Sabri Ben-Achour is a reporter for Marketplace, based in the New York City bureau. He covers Wall Street, finance, and anything New York and money related.

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