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Brad Lander: “Real estate in New York City is a good investment.”

Featuring: Brad Lander, Democratic | New York City Comptroller

New York City Mayoral Candidate Brad Lander Discusses Congestion Pricing, Ethics Reform, and Housing Initiatives

Published February 2, 2025 | Video Starts at 13:47

When that teacher sells it, they'll get half. Now their 400,000 has become 500,000, and the pension fund gets the other half. So our 400,000 has become 500,000. Real estate in New York City is a good investment. And this means we could double the purchasing power of our teachers and cops and firefighters. But here's the fly in the ointment. The fly in the ointment is they have to sell the house. (13:47–13:50)

CLAIM

Asserts that real estate in New York City is considered a good investment.

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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Brad Lander

“Congestion pricing is working, traffic is down, there's less congestion, the air is cleaner, and we've got $15 billion to make the subways…”
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“The Turkish consulate's the only building that was given a temporary certificate of occupancy without a fire safety plan.”
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“Andrew Cuomo...eliminated a thousand inpatient psychiatric beds with his Medicaid cuts.”
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“Over $61 billion of our economic value in the city is generated by immigrants.”
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“The federal government did all the reviews it was supposed to do [for congestion pricing].”
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“We sued last time. And when Governor Hochul put it on pause, we brought the lawsuits that got it off pause.”
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“The legislature passed the law, the governor signed it, the federal government signed off, and now it's reducing congestion.”
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“He promised child care, and he's cut $300 million from the childcare budget.”
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“Andrew Cuomo...devastated the subway. That's why we had the summer of hell.”
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“Andrew Cuomo...sent those COVID patients to their deaths and then lied to their families about it to cover it up.”
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“Eric Adams wasn't able to give out those no bid emergency contracts. Save taxpayers hundreds of millions of dollars.”
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“Taxpayers have spent $28 million on Andrew Cuomo's defense against his sexual harassment charges.”
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“Make the conflicts of interest board independent. Don't let the mayor control it, which the mayor does now.”
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“40% of the city is immigrants.”
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“About a half million New Yorkers, some of them kids who've grown up here their whole lives.”
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“If you deport the people that are construction labor, then the cost of housing is going to go up.”
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“If you deport agricultural workers, the cost of food is going to go up.”
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“Our plan, safer for all, would end street homelessness for people with serious mental illness in New York City.”
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“There's about 2,000 people in the city that are either unsheltered, sleeping on the street with serious mental illness.”
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“Most of the time, what they're seeing in cities like Salt Lake City and Houston and Denver is if you give people a single room occupancy…”
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“It'll actually cost us less money because jail and hospital are insanely expensive, much more than supportive housing, about $100 million.”
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“We're already basically spending $2 billion on jail and hospitalization.”
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“The pension funds are long term investments. We have obligations that go out 30, 40, 50, 60, 70 years.”
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“I'm gonna end street homelessness with people with serious mental illness.”
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“Here's my plan to make homeownership possible for teachers and cops and firefighters.”
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“Here's how we're going to deliver child care to every working family.”
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“Here's how we're going to restore trust to City Hall.”
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“That pension fund idea for homeownership comes from [my experience as comptroller].”
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“I've got this demonstrated leadership experience of making my ideas actually happen in the council, and especially as comptroller.”
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