You created a pied a tear tax for, you know, second homes that of the over $5 million in value, is that correct? Like, they're not, these are not particularly radical reinventions. It feels like smart prioritizing, if I may. That's the measure across the five boroughs, that, that's how much your family would have to earn to be able to absorb that kind of a hit. And people earn less than that and they find ways to make it work, but not without it being to the detriment of themselves and their financial situation. (20:28–20:36)
CLAIM
Asserts that the $334,000 income requirement applies across all five boroughs of New York 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.
