The fees, the fines, the property tax. Many times the only reason you can stay in business is you actually own the building. They raised it 20%. I'm going to cut that property tax. That's one thing that a mayor has control of is the property tax. And it's outrageous. 20% in the outer boroughs, small property owners who have maybe two, three, four family homes. (59:09–59:14)
CLAIM
Asserts that property tax was raised by 20% and he plans to cut it.
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.
