Curtis Sliwa: “We give these big fat cat developers... 40 year tax…”

“I mean, the estimates I've seen are that this city needs, you know, in the range of half a million to 700,000 units and, you know, as fast as we can possibly bring them online. So We give these big fat cat developers... 40 year tax abatement. who wind down and pocket line, in this case Adams and Cuomo, 40 year tax abatement by the time all Is said and done. There are no affordable apartments.” (16:23–16:33)

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.