Whitney Tilson: “We've got to clear that out and shorten what's a four year…”

“But we've just put up so much, the zoning regs, environmental regs, the city bureaucracy where they have to hire expediters to try and navigate the city bureaucracy. We've got to clear that out and shorten what's a four year process on average down to a two year process, which is what it was under Mike Bloomberg. And the difference between two years and four years of projects start to finish in a higher interest rate environment like today is a viable project or a nonviable project.” (03:06–03:14)

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