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Andrew Cuomo: “We need 500,000 units of affordable housing because the…”

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

FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum

Published October 8, 2025 | Video Starts at 1:28:33

It is a recycled de Blasio proposal. And you know my desire to recycle bills De Blasio. But the proposal didn't work then and it's not going to work now. We need 500,000 units of affordable housing because the rents are too damn high. And the fundamental problem is supply and demand. And we don't have supply. We have about a 11 3/4% vacancy rate. So supply and demand justify. (1:28:33–1:28:40)

CLAIM

Asserts a need for 500,000 units of affordable housing due to high rents.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Andrew Cuomo

“We lost the Amazon project in Queens and 50,000 jobs due to socialist opposition.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:25:24-1:25:34
“His proposal would actually double New York's rate compared to New Jersey. Roughly 11% to 24%.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:26:23-1:26:34
“There are at least 25,000 vacant rent stabilized units.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:29:31-1:29:38
“The new jail construction to replace Rikers Island...is already years late, billions over budget and obsolete.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:31:54-1:32:09
“The financial sector, 20% of New York City's economy, is shrinking here while growing in Texas and Florida.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:32:34-1:32:41
“I did 11 budgets, each one on time, set a record in modern political history.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:34:23-1:34:32
“I raised the minimum wage to $15 an hour, which is the highest in the United States of America.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 2:00:37-2:00:44
“I would hire 5000 police officers, post 1500 in the subways.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:24:09-1:24:15
“It would be a serious mistake to roll back mayoral control.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:24:38-1:24:43
“Eliminating the gifted and talented programs would also be a mistake.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:24:43-1:24:51
“I would increase the gifted and talented programs and I would double the number of specialized high schools.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:24:56-1:25:03
“New Jersey only has a state corporate tax. New York has a state corporate tax, corporate tax and a city corporate tax and an MTA tax as…”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:26:09-1:26:23
“The state cannot raise taxes on corporations all throughout the state on the condition that the revenue raised goes only to New York City.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:26:52-1:27:06
“I would eliminate taxes on tips and overtime.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:27:30-1:27:34
“I'd institute a 2% property tax cap on homeowners and eliminate income taxes for those making 200% of FPL.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:27:36-1:27:45
“The so called freeze the rent proposal is also fatally flawed. It would freeze only the rent stabilized units which are about 25% of all…”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:27:45-1:28:00
“We have about a 11 3/4% vacancy rate.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:28:45-1:28:50
“I believe the Interborough Express deserves serious consideration.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:30:35-1:30:39
“I believe the MTA 5 billion dollar capital plan for the New York City Transit Authority poses great potential.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:30:38-1:30:47
“The governor is not supposed to be the general contractor for the mta.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:31:06-1:31:12
“The city is going to have to play a bigger role in making [MTA projects] happen.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:31:18-1:31:18
“We should rebuild new state of the art jails on Rikers Island.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:32:09-1:32:15
“Passed more national groundbreaking laws than any governor in modern political history.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:34:32-1:34:39
“We can raise taxes, nobody will really leave...They've left. They are leaving.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:36:57-1:37:21
“Business is the engine. And we are going to have to work very hard to incentivize them to come back here because it is expensive and it is…”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:38:04-1:38:22
“At the end, I had a super majority, which means they could override me.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:39:23-1:39:31
“The city property tax system is totally unfair, unjust, and illegal.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:41:43-1:41:52
“There's a case, the Tenney case. Sometimes legal action can help government do what government finds difficult to do.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:41:57-1:42:11
“The law is so clear, especially in New York. You just have to be willing to exercise the law.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:44:41-1:44:50
“The law says if you are not in a position to care for yourself, if you are putting yourself in a dangerous situation, sleeping on a subway…”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:45:14-1:45:42
“The big project has to be 500,000 units of affordable housing on 300 sites simultaneously.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:47:31-1:47:44
“Affordable housing is a crisis because it will stop the young people from coming and the young people from coming. Is everything.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:48:21-1:48:32
“I don't think we're ever going to get to where we were [in terms of office occupancy].”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:50:05-1:50:08
“I am still bullish on conversion of those BNCs to residential.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:50:17-1:50:23
“We expanded the Jacob Javits Center. It's now a world class convention center.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:53:27-1:53:33
“There is no low income housing. It's now affordable housing.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:59:22-1:59:27
“Public housing is no income housing that is very, very, very expensive.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 1:59:34-1:59:41
“We phased it [minimum wage increase] in and we have a carve out for small businesses.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 2:00:54-2:01:00
“You cannot live on $17 an hour.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 2:01:19-2:01:22
“The last time it [rigorous management review of city agencies] was done was 12 years ago with Mike Bloomberg.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 2:02:42-2:02:46
“These agencies don't work. They don't work well, they don't work quickly.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 2:03:20-2:03:26
“I would start with the housing agencies because that has to be job one.”
FULL: Mamdani, Sliwa, Cuomo speak at mayoral forum | Uploaded October 8, 2025 | 2:03:39-2:03:44