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Eric Adams: “I think the value is not having people run away, are coming…”

Featuring: Eric Adams, Democratic | Mayor of New York

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Eric Adams: I was wrong about the pied-à-terre tax

Published | Video Starts at 00:54

They should have done a further analysis to see what's the benefits of it. But do you think there is value to it? Do you think there's value to the tax? No, I think the value is not having people run away, are coming to our city and investing in our city. (00:54–01:03)

CLAIM

Asserts that the value lies in attracting and retaining investors in the city.

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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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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