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Zohran Mamdani: “It's the most expensive city in the United States of…”

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

NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption

Published February 12, 2026 | Video Starts at 10:07

This is both the wealthiest city and the wealthiest country in the history of the world. And also one where one in four New Yorkers are living in poverty. It's the most expensive city in the United States of America. And every day I meet people who are working day and night in this city but can't even afford to live in this city any longer. (10:07–10:11)

CLAIM

Asserts that New York City is the most expensive city in the U.S.

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.

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Zohran Mamdani

“A project that cost as much as 56 times its original budget, where a single carpenter was paid over $360,000 in $1860s for one month's work.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 00:50-01:07
“New York City's unlicensed towing industry is now equal in size to the number of licensed vehicles on the streets.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 07:32-07:38
“One in four New Yorkers are living in poverty.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 10:06-10:08
“We saw that gap now extend to more than about 14 percentage points, 54.5 versus 40.5 in terms of what's sent versus what's received.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 15:34-15:45
“Tweed Courthouse is a testament to the power of city government to improve New Yorkers lives.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 00:29-00:35
“There will be zero tolerance for self-enrichment or corruption in my City Hall.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 02:01-02:06
“Nadia Shaheda to serve as the Commissioner of the Department of Investigation.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 02:24-02:29
“Nadia will oversee an independent oversight body tasked with rooting out corruption, fraud, waste and abuse across city government.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 02:29-02:38
“Hers is a historic appointment, the first woman of color to ever hold this role.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 03:30-03:36
“The number one crisis that New Yorkers are facing is a crisis of affordability.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 09:57-10:02
“Securing more than a billion dollars in funding from the state to not only fix childcare for 3 year olds, what we call 3K, but also to start…”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 10:27-10:39
“The promises that we made were at the scale of the crisis that New Yorkers are facing.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 11:03-11:08
“The $12 billion deficit is now one that we have been able to bring down to $7 billion.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 13:13-13:29
“The NYPD used to get the information out. Now we can only get it from City Hall.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 14:01-14:06
“The gap between what New York City contributes to the State revenues versus what it receives from the state is one that only was exacerbated…”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 15:24-15:35
“The exclusion of New York City from AIM funding.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 15:51-15:54
“We're pursuing a settlement in this case.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 17:09-17:13
“I am proud of our sanctuary city policies that we have.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 18:51-18:55
“Our values and our laws are not bargaining chips.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 18:54-18:58
“We will continue to have conversations with landlords about how to ensure that this city is meeting their needs.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 21:17-21:23
“Our city government is one that is committed to ensuring that we deliver stability.”
NYC Mayor Zohran Mamdani Holds Press Briefing To Announce New Official To Combat Corruption | Uploaded February 12, 2026 | 21:46-21:51