This links to https://www1.nyc.gov/assets/opportunity/pdf/20_poverty_measu... as the original source. On page 28 of this file, you get to the actual statistics. While Asian poverty is certainly high, it is about the same as other minorities, and has been decreasing since 2014.
No, the report says that Asians poverty is underreported in the data.
EDIT: I think that the report shows that Hispanics in 2020 have a higher percentage of poverty than Asians, but it seems like a lot of the articles showing Asians had the highest poverty rates came from before 2017.
It looks like in the last 5 years prior to 2020, Asians had improved the poverty rates.
Regardless even in 2020, Asian poverty in NYC was 22%, Black poverty was 19%, Hispanic poverty was 24% and White poverty was 13%.
I don't know enough about the situation to speak any further on it, I was just as curious about your statement " in NYC, Asians are the poorest demographic by a large margin." as silicon2401 was.
It's a dire situation for sure, but I think using "large margin" is disingenuous.
It depends on what Asians we are talking about. I bet if you correlate income to gifted access, you’d get a lot of Indians and Chinese in those programs, and many fewer Vietnamese, Filipinos, and Indonesians (doubly so if we break out Chinese ethnicities from those countries).
In Seattle, Asians dominate both the high end and the low end (south Seattle has a lot of poorer southeast Asian immigrants, north Seattle has more East and richer south Asian immigrants). It all depends on NYC’s racial mix over the broad term Asian.