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Zohran Mamdani: “That allowed us to fulfill the legal requirement of the…”

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

New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast

Published May 23, 2025 | Video Starts at 27:15

And we eventually did so over the objections of then Governor Cuomo, raising about $4 billion. And That allowed us to fulfill the legal requirement of the Campaign for Fiscal Equity, a landmark campaign case, with regards to fully funding public schools. And I think it's difficult in Washington and it's difficult for a number of politicians to raise taxes on the rich when those politicians are also funded by the rich, … (27:15–27:24)

CLAIM

Asserts that the tax increase helped meet legal requirements for funding public schools.

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

“One in four New Yorkers are currently living in poverty in what has now been described as the most expensive city in the country.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 03:18-03:25
“Tokyo is building 10 homes for every thousand people. Jersey City is at seven and New York is barely at four.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 05:50-05:56
“The time it takes to fill a vacant unit in NYCHA now exceed more than a year.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 11:52-11:58
“Airbnb is spending more than a million dollars on local races.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 40:25-40:42
“The mayor sets the rent increases for more than 2 million New Yorkers who live in rent stabilized housing.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 03:55-04:01
“He's raised [rents] more than 9%.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 04:05-04:10
“The Rent Guidelines Board, which is entirely composed of [the mayor's] appointees, found that the landlords... had seen an increase in their…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 04:10-07:26
“The City of New York under Eric Adams administration sided with Walmart in support of Con Edison's request to raise those rates by $65 a…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 04:39-04:49
“The city...sees its budget increase by 2 to 3 billion dollars.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 04:39-30:28
“We have passed legislation that allowed landlords to double the amount of money they can receive for IAIs, which are otherwise known as…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 06:47-06:58
“The rent guidelines had that findings of the 12% increase in revenue for those landlords.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 07:21-07:26
“There is a program where [landlords] can apply a hardship program for relief when they show that their income from rents is not matching up…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 07:29-07:37
“Housing production has not been evenly distributed across this city, especially in wealthier neighborhoods.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 08:40-08:47
“NYCHA is technically underneath the auspices of the federal government, but the city and the state have an immense role to play.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 10:45-10:52
“The federal government has refused to fund the plan to put at least $40 billion towards NYCHA.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 10:54-11:01
“We have proposed a pilot program of a network of five municipal owned grocery stores, one in each borough.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 13:15-13:33
“We have a world class city and we do not have world class public transit.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 19:21-19:25
“Woodside Houses, which is a NYCHA development, is piloting a large scale installation of heat pumps.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 20:11-20:26
“We will create a Department of Community Safety, the DCS, which understands that police have a critical role to play in public safety.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 24:39-24:49
“We are currently relying on [police] to respond to almost every single failure of the social safety net.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 24:48-24:54
“We can see that in their inability to raise their clearance rates of the major seven categories of crime.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 25:02-25:08
“Our DCS will tackle five key [issues]: homelessness, mental health crisis, gun violence, hate crimes, and victim services.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 25:07-25:17
“When we wanted to create universal pre-k, we required Albany.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 26:39-26:47
“When we wanted congestion pricing, we required Albany.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 26:46-26:50
“When I came into office in 2021, one of the first battles that I helped to lead was to raise taxes on the most profitable corporations and…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 26:56-27:08
“We eventually did so over the objections of then Governor Cuomo, raising about $4 billion.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 27:09-27:15
“It's difficult for a number of politicians to raise taxes on the rich when those politicians are also funded by the rich.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 27:25-27:33
“The legislature has, in its own budget proposals, proposed those increases on income taxes for the wealthiest New Yorkers and on raising the…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 29:00-29:11
“Our proposal is to raise the top state corporate tax rate to match that of [New Jersey], 7.25% here in New York to match theirs of 11.5%.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 29:14-29:32
“It would raise $5 billion just in doing so.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 29:34-29:38
“The second part of the tax plan, which would raise $4 billion, would be to increase New York City's income tax rate on the top 1% of income…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 29:38-29:47
“Those two things together raise $9 billion and then we raise an additional billion through good government reforms.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 29:57-30:04
“The city also has about $3 billion in its rainy day fund and its reserves combined.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 30:14-30:20
“We have a city budget of $115 billion.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 30:32-30:37
“We are the only campaign other than Cuomo to have broken double digits with every single ethnic group across the city.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 33:17-33:23
“DC37...explicitly chose not to endorse Andrew Cuomo because He created tier 6, a new category in the pension program that took more than…”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 33:47-34:11
“We have seen ourselves, for example, just break 20% in support with Latino voters.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 34:27-34:32
“We have now raised $8 million, the most amount of money we can legally spend in this race, faster than any campaign in history.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 35:07-35:14
“Andrew Cuomo couldn't follow basic paperwork requirements to receive millions of dollars in public matching funds.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 36:21-36:34
“Andrew Cuomo couldn't write a housing policy without the assistance of ChatGPT.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 36:21-36:34
“Andrew Cuomo couldn't spell the names of its endorsers correctly in his own press releases.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 36:21-36:34
“Mayor Adams hires people with whom he has 100% agreement.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 38:05-38:09
“Airbnb is transforming housing into small-scale hotels.”
New York City Mayoral Candidate Zohran Mamdani Discusses Housing, Public Goods, and Economic Policies on Odd Lots Podcast | Uploaded May 23, 2025 | 40:17-40:26