Age, Biography and Wiki

Ritchie Torres was born on 12 March, 1988 in East Bronx, New York, United States, is an American politician. Discover Ritchie Torres's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 36 years old?

Popular As Ritchie John Torres
Occupation N/A
Age 36 years old
Zodiac Sign Pisces
Born 12 March 1988
Birthday 12 March
Birthplace The Bronx, New York, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 12 March. He is a member of famous Politician with the age 36 years old group.

Ritchie Torres Height, Weight & Measurements

At 36 years old, Ritchie Torres height not available right now. We will update Ritchie Torres's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
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Children Not Available

Ritchie Torres Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Ritchie Torres worth at the age of 36 years old? Ritchie Torres’s income source is mostly from being a successful Politician. He is from United States. We have estimated Ritchie Torres's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Politician

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Timeline

2019

In July 2019, he announced his bid for the United States House of Representatives for New York's 15th congressional district .

Upon his election, Torres requested the chairmanship of the Council's Committee on Public Housing, tasked with overseeing the New York City Housing Authority (NYCHA); that as of July 2019, is the “nation’s largest public housing system”, that “provides housing to more than 400,000 low-income residents” in “176,000 apartments across 325 complexes”. He made “the living conditions of the city’s most underserved residents a signature priority”. In this role he helped secure $3 million for Concourse Village, Inc., “a nearly 1,900-unit housing cooperative located in the South Bronx”. According to 2010 United States Census data the South Bronx is among the poorest districts in the nation. The cooperative is subsidized by the Mitchell-Lama Housing Program, offering “income-restricted rentals and below-market value buy-in for co-ops”. He also secured nearly $1 million to renovate Dennis Lane Apartments, a Mitchell-Lama co-op in the heart of his district. He also “played a crucial role in exposing the city’s failures to address lead-paint contamination.”

In August 2019, along with fellow Council member Vanessa Gibson, Torres announced Right To Counsel 2.0, an expansion of legal aid to NYCHA tenants facing eviction. Since the original law was passed in 2017, providing legal help throughout the entire eviction case, the Council has found 84% of tenants were able to stay in their homes. The Council-members “say this will help keep families together and prevent displacement.” Torres stayed, "NYCHA is one of the worst evictees in the city, ... Not just one of the worst landlords, but one of the worst evictors. In 2018 alone, 838 families lost their homes in the hands of the NYCHA.”

In April 2019, Torres worked on legislation aimed to compel companies that employ gig workers to be transparent if the worker's tips are diverted to pay base salary. Mobile app delivery companies, like DoorDash—which has freelance workers pickup and deliver meals from restaurants—Amazon's Prime Now, and Instacart, usually allow customers to add a gratuity, but the companies were counting the tips toward regular payment. Torres characterized the practice as exploiting “an underclass of independent contractors”, and hopes City Council can ban the practice altogether. Vox noted the gig economy is in need of regulation for the estimated fifty-seven million workers (in the U.S.) who have little protection, and few if any benefits. Torres’ bill would compel these companies to be transparent about the practice “by explicitly stating it in their terms of service or by sending a notification as a transaction is being approved”.

In July 2019, the City Council considered how to address the city's taxicab industry with the National Taxi Workers' Alliance’s concerns that the NYC Taxi and Limousine Commission knowingly sold medallions at inflated prices bringing in $1 billion in revenue to city government, while saddling “thousands of drivers with impossible debt loads” leading to suicides.

In July 2019, Torres proposed legislation to address the movement in New York towards cashless business practices of stores and restaurants. He did so to preserve access for those who rely on cash for their purchase. The businesses only accept bank cards, and e-commerce payments rather than hard currency: in part for higher efficiency, possibly streamlining both cashiering, and accounting; and for security reasons, as having cash risks robbery. According to the Federal Deposit Insurance Corporation, in the U.S. in 2017: 16.9% of African-American households, “and 14% of Latino households did not have a bank account;” 6.5% of all households did not have a bank account; and 18.7% with accounts also used non-insured institutions for financial transactions. In New York City, 12% did not have bank accounts in 2013; including “domestic violence survivors who don't wish to be traced and undocumented immigrants as some of those who may face significant challenges when opening bank accounts”. They instead often use payday loans and check cashing facilities. Torres’ proposal would fine non-compliant businesses, while allowing them to refuse currency higher than $20 bills. It also prohibits charging more for using cash payment.

In July 2019, Torres, as chair of the Oversight and Investigation committee, and Robert Cornegy, chair of the Committees on Housing and Buildings, released a report from the joint committee that conducted a City Council forensic investigation into the city's Third-Party Transfer (TPT) program. The TPT was started in 1996 under Giuliani's administration to let the Department of Housing and Preservation (DHP) transfer “derelict, tax-delinquent buildings to nonprofits that could rehabilitate and manage them”, ostensibly for working-class people, freeing the city from ownership, or responsibility for tenants. The DHP followed a rule selecting “every other building in the same tax block with a lien—even for a few hundred dollars”—if even one was picked for TPT. The TPT was characterized by Mayor Bill de Blasio's administration as “a tool for taking over "distressed properties" in "blighted" areas”. The report, however, holds that characterization is held in tension with its findings which implicated malfeasance by both NYC's HPD and the Department of Finance (DOF), detailing how the agencies were “targeting and taking of numerous black and brown owned properties, and thus stripping these communities of millions of dollars of generational wealth”. According to Torres, “TPT is quite different from and far harsher than a typical foreclosure from the perspective of a property owner. If you are the target of a foreclosure, you get a share of the proceeds from the sale of your property. Under TPT, the city can completely strip you of all the equity in your property”. The TPT process strips the minority owner of: the property; its value; and mitigates the sweat equity, and resources invested; all with no compensation.

In August 2019 Torres announced the City Council is awarding $36.2 million for gun violence prevention and reduction. He stated shooting incidents in NYC are up from 413 in the first half of 2018 to 551 the same period in 2019.

In March 2019, Torres expressed interest in running against incumbent congressman, Jose E. Serrano. After Serrano announced his retirement, Torres was among those speculated to replace him. In July 2019, Torres announced his bid for a seat in the U.S. House of Representatives for New York's 15th congressional district . In his announcement he came out as dealing with depression. If elected he would be the first gay Afro-Latinx member of Congress. Torres said he is seeking the office to pursue “his legislative passions of overhauling public housing and focusing on the issues of concentrated poverty”. The 15th congressional district, in terms of median income, is the nation's poorest. Torres stated, “if you are on a mission to fight racially concentrated poverty ... then you have to be a policymaker on the national stage”. He favors maximizing social housing in the nation, including the ending of land-use bans of apartments which he says will result in the reduction of carbon emissions, as well as increase affordable housing. However, Torres has come under criticism for his willingness to take real estate cash during his run for Congress.

Torres’ main opponent in the Democratic primary is Rubén Díaz Sr., a conservative Democrat and Pentecostal minister, who does not believe in, and openly stood in opposition to, same-sex marriage. Media outlets have contextualized the contest between the two noting their: age difference; contrasting levels of experience; and Torres being openly gay held in tension to Díaz's track record of anti-LGBTQ rhetoric. Torres said he sees Díaz as “temperamentally and ideologically indistinguishable” from Donald Trump. According to The New York Times, Díaz has “a decades-long history of making homophobic remarks”; LGBTQ Nation noted his anti-LGBTQ rhetoric started in the early 1990s right after his start in city politics when he claimed the city's hosting the 1994 Gay Games “would spread AIDS and corrupt children”. In February 2019, Díaz stated that the City Council was “controlled by homosexuals”; in response the council dissolved a subcommittee he chaired. The primary will take place in June, 2020. As of July 2019, Torres has raised $500,000, while Díaz has raised $80,000. Torres is endorsed by the LGBTQ Victory Fund, and Congressional LGBTQ Equality Caucus (Equality PAC).

2014

Torres, as chair of the Oversight and Investigations Committee—newly empowered in January 2018 by City Council Speaker Corey Johnson, said he had documentation that as early as 2010 the Bloomberg Administration was “aware that medallion prices could crumple”; a year before ride hailing pioneer Uber started its service in the city. Medallion prices dropped considerably in 2014 likely due to competition from ride-share vehicles, medallion owners sued the city and Uber in November 2015. By 2017, 60,000 rideshare vehicles outnumbered medallion vehicles by a ratio of almost 4 to 1, and many medallion owners faced the prospect of bankruptcy or severe debt because of the low medallion prices, which few were willing to buy. Torres said the “medallion market collapse is a cautionary tale”, and “one of the greatest government scandals in the history of New York City”.

1988

Ritchie Torres (born March 12, 1988) is an American politician from New York. A member of the Democratic Party, he is the New York City Councilmember for the 15th district. Elected in 2013, he is the first openly gay candidate to be elected to legislative office in the Bronx, and the youngest member of the city council. He serves as the chair of the Committee on Public Housing, and is a deputy majority leader. As chair of the Oversight and Investigations Committee he is focusing on taxi medallion predatory loans, and the city's Third Party Transfer Program.

1925

At 25 years old, Torres ran to succeed Joel Rivera as the councilmember for the 15th district of the New York City Council. The district includes Allerton, Belmont, Bronx Park, Claremont Village, Crotona Park, Fordham, Mount Eden, Mount Hope, Norwood, Parkchester, Tremont, Van Nest, West Farms and Williamsbridge in the Bronx.