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Andrew Cuomo: “You have a 1% vacancy rate.”

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

Andrew Cuomo Relaunches Mayoral Campaign with Focus on Housing and Infrastructure

Published July 15, 2025 | Video Starts at 09:54

Open it all up. Hundreds of projects going on immediately. Forget HPD and trying to figure that out. Let the mayor do it. But You have a 1% vacancy rate. Yes, the rent is too damn high. And artificially just saying to landlords, well, you're going to eat the cost. I know it feeds the stereotype evil rich landlord, but that is not sustainable. (09:54–09:57)

CLAIM

States that the vacancy rate is 1%.

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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