So I continue to believe that when they do an assessment of the fiscal health of not just the buildings, but also of the tenants, they'll find that those tenants deserve relief because the last year that they did that, they found that The median household income of a rent stabilized tenant, $60,000 a year. The average profits of the landlords of those units, 12%. There's room to give people a little bit of breathing room, because otherwise you have seniors who are coming up to you and saying, I'm having to choose between rent and my medicine. (10:12–10:17)
CLAIM
Asserts that the median household income for rent-stabilized tenants is $60,000 annually.
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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