And I think the, the focus on rent stabilized units is twofold. One, because the mayor actually has the power to do this, we've seen a previous administration freeze the rent three times. But two, because The median household income in rent stabilized apartments is $60,000 and landlord profits of those very units went up by 12%. And freezing the rent would ensure that we return close to $7 billion back into the pockets of those working and middle class New Yorkers. (17:09–17:19)
CLAIM
Asserts that the median household income in rent-stabilized apartments is $60,000, and landlord profits increased by 12%.
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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