That's major.421A expired during your administration. How far back do you think that set, you know, housing production? It really hurts. It hurts a lot. Too many people in Albany felt that 421A was a giveaway. It allowed the housing boom that we needed. I believe that too many elected officials, number one, they never had jobs outside of being elected officials. They really don't understand the economics of what it takes to build housing. (30:57–31:05)
CLAIM
Asserts that the 421A tax incentive facilitated a necessary housing boom.
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.
