During a debate for the Democratic nomination to replace Mayor Eric Adams in New York City, eight candidates discussed their proposals to address affordability, particularly housing. Former Governor Andrew Cuomo emphasized the city’s fiscal troubles and his desire for improved childcare and education. City Council Speaker Adrienne Adams highlighted her efforts in creating affordable housing units. Other candidates like Controllers Brad Lander and Whitney Tilson outlined their visions, with Lander aiming for 500,000 homes and Tilson advocating a significant rent reduction through private sector solutions. The debate showed contrasting plans for easing affordability in the city.
New York City Council Speaker Adrienne Adams said she is the only candidate to actually embark on affordable housing work. She noted that the city has a housing plan in place and that she has built 120,000 units of housing, with 80,000 more on the way.
New York City Controller Brad Lander described himself as a lifelong affordable housing activist but was light on plans. He instead said he wanted to sweep away the corruption by naming Adams and Cuomo specifically, adding his proven management experience has delivered 50,000 housing units.
Cuomo chimed in, saying the city was in real trouble fiscally and that he wanted to provide for more childcare and education opportunities.
Investor Whitney Tilson zeroed in on the need for affordable housing in his response. Rather than freezing rents, he said he would seek to drop rents in the city by 20% through unleashing the private sector to build a lot more housing.
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