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Zohran Mamdani: “The deficit of [NYCHA] is more than $60 billion.”

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

Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign

Published December 1, 2024 | Video Starts at 10:42

We know Donald Trump is not going to do anything with regards to nycha. So we need to take a serious approach to meeting the shortfall, The deficit of [NYCHA] is more than $60 billion. Because right now, the conditions are deplorable. So what's one of your favorite holiday traditions? Okay, this is. I was telling this to you earlier, but it's a little bit controversial, but it's lamb shank on Thanksgiving. (10:42–10:45)

CLAIM

Asserts that NYCHA has a deficit exceeding $60 billion.

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

“More than 50% of New Yorkers are handing over a majority of their paycheck each month to a landlord or a bank for housing.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 00:26-00:33
“About two and a half million New Yorkers live in rent stabilized units, right? Those are units that their rent is set by the mayor.”
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“What this mayor has done is use that power to raise their rents by 9% and counting.”
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“Freezing the rent for rent stabilized tenant, making buses free for the million New Yorkers who ride them every day, and making them fast…”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 02:06-02:15
“We won a free bus pilot where we made one bus route in each borough free. We saw a drop in assaults on bus drivers by 38.9%, an increase in…”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 03:49-04:04
“Quebec instituted universal childcare and saw a 10 to 1 return on their investment.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 07:05-07:14
“More than half a million New Yorkers live in public housing.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 10:29-10:32
“A median income of which is about $60,000, many of whom are fixed income seniors.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 01:13-01:18
“In Albany, we have created against my will, more loopholes for landlords to actually raise the rent through means of individual apartment…”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 01:36-01:45
“The city has tools it's not currently using, like preferential signaling for a bus that can hold a green light for longer when a bus is…”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 02:27-02:35
“An estimate looks like around 700 to $800 million a year.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 03:06-03:11
“I think that we can find the money, one, through a better use of funds than what Eric Adams has been doing while he's been the mayor, and…”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 05:47-05:58
“Corporations include businesses like Google, like Apple, like Microsoft.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 06:02-06:07
“I think in studies that I've seen, it's working class New Yorkers who are disproportionately leaving at higher numbers because they can't…”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 06:52-07:00
“Freezing the rent for those 2 1/2 million New Yorkers who live in rent stabilized units.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 08:46-08:51
“Signing the legislation that bans forced broker fees for New Yorkers.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 08:50-08:55
“We go from being a laughingstock in many ways in our public transit with regards to the speed of our buses.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 08:57-09:03
“I have been supportive of the proposal by and large. I don't think that it will resolve the housing crisis in and of itself.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 09:33-09:40
“It's important to allow for greater construction around specifically transit developments.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 09:39-09:45
“Take away the parking mandate that has been a part of so much of New York City's zoning laws.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 09:45-09:50
“All of them [parking mandates] should have been taken away.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 09:54-09:57
“We always love to kick this football around and say, actually it's a federal government's responsibility.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 10:31-10:37
“We need to take a serious approach to meeting the shortfall [of NYCHA].”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 10:39-10:43
“The conditions [in NYCHA] are deplorable.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 10:45-10:47
“My dream legislation would be the one that I'm fighting for right now, which we've been fighting for, is free buses.”
Interview with Zoram Mamdani: Vision for New York City Mayoral Campaign | Uploaded December 1, 2024 | 12:16-12:26