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  • 2021-05-12 (xsd:date)
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  • Did Democratic Mayoral Candidates Guess a Brooklyn Home Costs $100K? (en)
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  • In June 2021, New York City will hold its mayoral election primaries to select a Democratic and Republican candidate for mayor. On May 10, The New York Times sat down with the Democratic candidates and asked them a number of questions about the city. And some of them appeared to not know enough. Democratic candidate Shaun Donovan, the former housing secretary under President Barack Obama, had this exchange with New York Times editorial board member Mara Gay. He guessed that the median cost of buying a home in Brooklyn was $100,000. The median sales price for a home in Brooklyn was indeed up to $900,000 at the time of this writing. The average sales price is almost $1 million. Another Democratic candidate Ray McGuire, who was a longtime investment banker and former Citigroup executive, had a similar answer: Both candidates severely underestimated the sales price of a home in Brooklyn, resulting in mockery and criticism online. Only one Democratic candidate guessed correctly: Andrew Yang. The others differed in their responses. Eric Adams, the Brooklyn borough president, said he believed the number was around $550,000. Maya Wiley, former counsel to current Mayor Bill de Blasio, said $1.8 million. Kathryn Garcia, a former sanitation commissioner, guessed $800,000, while Dianne Morales, a former nonprofit executive, said $500,000, and Scott M. Stringer, the city comptroller, said $1 million. Given that the interviews quote them directly, we rate these claims as True. (en)
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