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Andrew Cuomo: “Rent stabilized units are about 40% of the units. 60% are…”

Featuring: Andrew Cuomo, Democratic | Former Governor of New York

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Published | Video Starts at 08:35

Rent stabilized units are the bulk of our affordable housing, right? You have public housing NYCHA units, you have some section 8 certificates. But then you have Rent stabilized units are about 40% of the units. 60% are market rate. the rent stabilized units. That 40% was supposed to be for the rent burden tenants. Right? That's all we have, are the rent stabilized units. And then you have market rate. (08:35–08:43)

CLAIM

Asserts that rent stabilized units make up about 40% of housing units, with 60% being market rate.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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