The most conservative estimates are that there's 25% of apartments right now in the rent stabilized portfolio. Music to my ears. Yeah. That are being warehoused. 50,000. Well, I said the most conservative. I've seen. I've seen reports up to 90 [thousand warehoused apartments]. The fact that we don't have the right numbers is part of the problem. We need to know how many of. (23:41–23:43)
CLAIM
Asserts that reports indicate up to 90,000 apartments are warehoused.
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.