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Andrew Cuomo: “We're now losing wealthy people from New York.”

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

Andrew Cuomo Discusses New York City Mayoral Race and Criticisms from Eric Adams on the Speaker C Show

Published July 22, 2025 | Video Starts at 30:36

Let'S assume Mamdani does a fraction of what he's talking about. You will see a tax shift. You'll see a fear among wealthy people that will increase the exodus of people leaving New York. We're now losing wealthy people from New York. Okay? It is a steady stream of wealthy people leaving post Covid. They're more mobile. We have high taxes. The city's dangerous. You'll see that increase. (30:36–30:40)

CLAIM

Asserts that wealthy people are leaving New York.

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

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“I built LaGuardia Airport in four years.”
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“Governor David Patterson. Yes. First black governor in New York state. He supports me.”
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“I think the socialist policies [Mamdani's] putting forth would be very hurtful to New York City.”
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“The under 30 vote, Stephen A. Exploded in the primary.”
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“Nobody built a new LaGuardia Airport, new Kosciusko Bridge, new Second Avenue subway, passed groundbreaking laws.”
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“Grocery stores have one of the thinnest margins. It's 1 to 3%.”
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“Defund the police, dismantle the police legalize prostitution. I mean, where are you living that you think those would be good things?”
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