Federal Judge Blocks NYC Bankruptcy Sale In Major Blow to Mamdani

“What he’s essentially doing is moving the goalposts,” Vidal Calvo explained.

“He’s essentially saying that what the federal government qualifies as somebody below the poverty line — which is essentially like $34,000, $35,000 a year. Those might be like 2024 numbers, but it’s pretty close to that — we’re essentially moving the goalposts so anybody under $160,000 with children cannot afford to live in New York City,” Calvo added.

The “reality” of the situation, Vidal Calvo says, is that you “don’t make a place more affordable by making people earn more,” but instead the city needs to “ask the right questions” about policies that drive wage growth and new housing development.

“So the issue here is that we are focusing on a problem that the socialists in City Hall want to believe — that if you give people more money, they essentially can access more things,” Calvo said.