2 NYC mayoral candidates completely flub question on price of Brooklyn housing

The price was not right.
In their New York City mayoral endorsement interviews, published Monday by The New York Times, Democratic candidates Shaun Donovan and Ray McGuire dramatically underestimated the cost of homes in the city.
When asked the median sales price for a house or apartment in Brooklyn, McGuire, a former Citigroup vice chairman and Wall Street executive responded, "It's got to be somewhere in the $80,000 to $90,000 range, if not higher." The correct answer was $900,000.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
When asked the same question, Donovan, who was the head of the Department of Housing and Urban Development under former President Barack Obama and a housing commissioner under former New York City Mayor Michael Bloomberg, answered, "I would guess it is around $100,000." He later emailed to clarify his response as referring to the "assessed value" of homes in Brooklyn, not their price.
Of the eight candidates interviewed, the only one to answer correctly was former presidential candidate Andrew Yang, although Scott Stringer and Kathryn Garcia came close. Maya Wiley overestimated, responding with $1.8 million.
The Times later officially endorsed Garcia. The New York City mayoral primary will be held on June 22nd.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.
-
Is Rachel Reeves going soft on non-doms?
Today's Big Question Chancellor is reportedly considering reversing controversial 40% inheritance tax on global assets of non-doms, after allegations of 'exodus' of rich people
-
Is the G7 still relevant?
Talking Point Donald Trump's early departure cast a shadow over this week's meeting of the world's major democracies
-
A disproven medical theory could be guiding RFK Jr.'s health policy
The Explainer The miasma theory is one of the oldest medical beliefs in history
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstances
Speed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2
Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governor
Speed Read
-
Los Angeles city workers stage 1-day walkout over labor conditions
Speed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billion
Speed Read
-
Bangladesh dealing with worst dengue fever outbreak on record
Speed Read
-
Glacial outburst flooding in Juneau destroys homes
Speed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creature
Speed Read