Article 5HQCW How much? Mayoral hopefuls red-faced after guessing New York housing costs

How much? Mayoral hopefuls red-faced after guessing New York housing costs

by
Edward Helmore
from on (#5HQCW)

Two of the candidates to replace Bill de Blasio did themselves no favours by vastly underestimating the cost of a place in Brooklyn

With less than six weeks to New York's mayoral primaries, two candidates have left themselves electorally vulnerable for vastly underestimating the median cost of buying a home or apartment in Brooklyn.

In Brooklyn, huh? I don't know for sure. I would guess it is around $100,000," Shaun Donovan, the housing and urban development secretary under Barack Obama and housing commissioner under the former New York mayor Mike Bloomberg, told the New York Times.

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