He plans to announce his proposal during a campaign rally, with several unions that are endorsing his candidacy, including the Retail, Wholesale and Department Store Union and the Amalgamated Transit Union. Most of the city's major unions have endorsed the former governor.
Cuomo said his proposal is "an aggressive, progressive action that will help hourly workers and stimulate the economy."
His plan would need approval from Gov. Kathy Hochul and state lawmakers, who raised the minimum wage to $16.50 in New York City, Westchester, and Long Island this year. Minimum wage in the rest of the state is now $15.50 and is expected to rise based on inflation.