2 NYC Mayoral Candidates Stumble During Quiz About Housing Prices In The City
HuffPost
Shaun Donovan and Ray McGuire drastically underestimated the cost of housing in Brooklyn during interviews with The New York Times editorial board.
Shaun Donovan and Ray McGuire, two candidates in the race for New York City mayor, drastically underestimated the median price of homes in Brooklyn during interviews with The New York Times editorial board published Tuesday. McGuire, a former Citigroup executive, guessed that homes in the borough cost “somewhere in the $80,000 to $90,000 range.” Donovan, who was secretary of Housing and Urban Development under President Barack Obama, replied with “around $100,000.” The actual median home price in Brooklyn is around $900,000, according to real estate appraisers.More Related News