Kathy Wylde

We supported congestion pricing.

Obviously, a user fee where you get something, reduced congestion, more time in your day is easier to sell.

So it is not.

And actually, when Mike Bloomberg...

was elected mayor right after 9-11.

The city had to raise real estate taxes in order to rebuild and recover from the 9-11 shock.

We supported that 18% tax increase in real estate taxes.

So it's not that we're anti-all taxes.

It's, is government doing what they can to keep costs down, to be responsible in what they're spending?

And then what is the contribution and how do we make it that makes the most sense, gets the most bang for the buck?

Well, the new mayor is very well aware that those are not mutually exclusive options and that if there's no economic return, nobody's going to build housing.

He's figured that out.

So he has said really since pre-primary that he understood the private sector had an important role in the supply side and he was going to work on that.

So I think that, again, his view is much more nuanced when he says

Now, when he talks about freezing the rent, he says, and one thing that'll enable us to do that is if we reduce property taxes on rent-stabilized regulated buildings.

So he gets it.

He can add and subtract.

So can you come back?