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Zohran Mamdani: “A number of those landlords came together to create a…”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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Zohran Mamdani on Freezing Rent, Making NYC Affordable Again, & Who is Really Stopping Him

Published | Video Starts at 22:21

I hear that the insurance of affordable housing units has doubled in the last few years. Right. And that cost is one that is driving so much of the pressure. That's interesting. And there's A number of those landlords came together to create a different risk pool through something called Mil Street Captive. and they've managed to depress that cost. What if the city invested in that kind of a mechanism to help those landlords address that? The other thing here is that, are. (22:21–22:29)

CLAIM

Asserts that landlords have formed a risk pool called Mil Street Captive to manage insurance costs.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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