See how it all works? You start at low income housing, you work your way up to michelama and suddenly you are a middle class New Yorker. How did we get there? We take 1,000 vacant properties that we have. The city owns it. You own it, I own it. And we don't give that housing, those parcels of land to rich developers. We give it enough for profits. Limited profit developers. Build Michelama 2.0. That's what I want to do. (16:44–16:49)
CLAIM
Asserts that the city owns 1,000 vacant properties.
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