Jim Walden: “You'll decrease construction costs if you put them in denser…”

“And my plan, again, my, my plan would be to start incrementally in the sense of maybe we will have to go to the outer boroughs at some point. But that's not the best place to put these, these places anyway. You'll decrease construction costs if you put them in denser areas. and you create, in cooperation with the real estate industry, incentives for greater, greater development. So if you. So I want to make sure. I understand that. Sure.” (10:49–10:54)

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.