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Eric Adams: “It cost us $8 billion.”

Featuring: Eric Adams, Democratic | Mayor of New York

Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close

Published December 6, 2025 | Video Starts at 10:24

What they did to New York and to America, big cities of was. Was wrong. And you know what, Bill? What a lot of people don't understand, It cost us $8 billion. $8 billion. People think, okay, wow, you dodged the bullet and everything is fine. No, that is a billion dollars we couldn't put into more housing. (10:24–10:27)

CLAIM

Asserts that the migrant crisis cost New York City $8 billion.

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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Eric Adams

“Lowest numbers of shooters and shooting victims, victims in the history of the city subway system this year.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 05:31-05:38
“Dropped the cost of child care, universal after school program, $30 billion back in the pockets of working class people.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 05:48-05:56
“We had 237,000 migrants and asylum seekers.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 07:39-07:43
“I'm the only mayor in the history of this city, I believe, that was a former police officer.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 15:20-15:27
“Did I take 25,000 illegal guns off the streets?”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 15:53-15:56
“One of the executive orders I put in place is to stop protests in front of houses of worship.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 20:34-20:41
“We broke records [in housing].”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 05:20-05:22
“We brought down crime.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 05:27-05:29
“Our economy is the best, best it has ever been.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 05:41-05:46
“We broke the records for jobs over and over again.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 05:45-05:49
“At one high point, we were getting 8,000, 4,000 a week.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 07:42-07:48
“The Biden administration betrayed this city.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 07:53-07:56
“90% of those who came in our care went on to the next step of their American journey.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 08:30-08:36
“Almost 50,000 children went through our educational system.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 08:49-08:53
“500,000 should have gone to Children who were chronically absent from school.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 10:36-10:41
“A billion dollars to our senior care.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 10:40-10:43
“230,000 people coming to our city.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 11:41-11:44
“We stated it was inhumane for people to live on the streets.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 11:50-11:54
“I ran on the Platform of public safety is a prerequisite to prosperity.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 15:44-15:50
“Did I prevent terrorist attacks from devastating our city?”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 15:56-16:01
“Crime has gone down under all of [my commissioners].”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 17:38-17:42
“The investment in Israel, the bds, is crucial.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 20:12-20:17
“I spent years building up a relationship with the tech companies and the startups and Israel companies.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 20:25-20:31
“We already started increasing the number of cops.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 20:45-20:49
“I did nothing wrong. I believe I was targeted because I stood and fought for New Yorkers.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 22:54-23:01
“New York City is the economic engine of the entire country.”
Mayor Adams' reflects on tenure, future endeavors in exit interview for Up Close | Uploaded December 6, 2025 | 23:56-24:03