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Andrew Cuomo: “We have a 1% vacancy rate right now.”

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

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'I'm not gonna BS you': Cuomo makes his case for NYC mayor against Mamdani

Published | Video Starts at 03:27

Why should a wealthy person or well off person be paid by the public? It makes no sense. My proposals on housing, the only way to get the cost of housing down is to increase the supply. We have a 1% vacancy rate right now. 1%. So basically you are at the landlord's whim. You have to build more housing. I want to build 50,000 units. Build, baby, build. On affordability in terms of MTA, buses, subways. (03:27–03:31)

CLAIM

Asserts that the current vacancy rate is 1%.

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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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