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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: He shows up from Case Capital Management. I guess we

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Speaker 2: should talk to Whitney Tilson about private equity, private investment,

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Speaker 2: global macro, except he's changed the script. Whitney Tilson is

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Speaker 2: decided to run for mayor. As John Tucker just mentioned,

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Speaker 2: it is a crowded field as well, he will run

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Speaker 2: as a Democrat in this New York City. Whitney, you've

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Speaker 2: climbed the Matterhorn. You know it's not K two the

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Speaker 2: East Face, but your mister mountain climber. I've looked from

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Speaker 2: Zermatt over at the Matterhorn and going you've got.

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Speaker 1: To be kidnaping.

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Speaker 2: This mayor's race is going to be tougher than the Matterhorn,

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Speaker 2: tougher than anything you crime. You've done, You've climbed. How

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Speaker 2: are you going to find a distinctive voice on the

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Speaker 2: worry of crime in New York City and quite frankly

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Speaker 2: across this nation.

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Speaker 3: You know, I speaking more broadly just about a distinctive voice.

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Speaker 1: Not just on crime. But there is no business person

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Speaker 1: in the field.

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Speaker 3: In fact, you said it's a crowded field, and I

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Speaker 3: don't know, I guess a half dozen people sounds crowded.

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Speaker 3: But I'm the only person who's not a career politician

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Speaker 3: in the field. So I'm a lifelong Democrat, been super

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Speaker 3: active in the party.

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Speaker 1: For the last twenty years. But ever since Mayor Bloomberg left.

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Speaker 3: Look at what's happendor city in the last eleven years

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Speaker 3: with some combination of career politicians de Blasio and Adams,

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Speaker 3: the last two mayors, who are some combination of corrupt, incompetent,

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Speaker 3: and beholden to the radical left. And so I'm concerned

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Speaker 3: about my city. I share the view of the majority

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Speaker 3: of New Yorkers that the city's had in the wrong direction.

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Speaker 1: I want to turn it around.

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Speaker 2: I should mention that former Mayor Bloomberg, of course, is

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Speaker 2: part of Bloomberg Lpan drives a ship every morning for

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Speaker 2: Bloomberg surveillance, Bloomberg Radio worldwide. Whitney Tilson, Mister Bloomberg had

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Speaker 2: ample funds to prosecute a campaign. What is the initial

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Speaker 2: support you've seen if you don't have the Bloomberg checking.

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Speaker 3: Account right, Well, every candidate has to decide whether to

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Speaker 3: take city matching money or self bund Mayor Bloomberg spent

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Speaker 3: seventy three million dollars of his own money to win

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Speaker 3: his first race per mayor and then serve two more terms.

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Speaker 1: Of course, I, like every other candidate in the race,

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Speaker 1: is going to take advantage of an.

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Speaker 3: Extraordinary matching program. But we have to adhere to a

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Speaker 3: seven point nine million dollars total spend for the primary,

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Speaker 3: and the same for the general whoever wins the primary.

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Speaker 3: Seven point nine million dollars. And by the way, if

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Speaker 3: we adhere to that, all all candidates, if we take

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Speaker 3: up to two hundred and fifty dollars for New York

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Speaker 3: City residents, it's matched eight to one.

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Speaker 1: So any New York.

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Speaker 3: City resident who gives me two hundred and fifty bucks,

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Speaker 3: my campaign gets two thousand on top of that. And

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Speaker 3: so I plan to take full advantage of that and

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Speaker 3: try and raise as much money from New York City residents.

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Speaker 2: And what's great about there, Paul Sweeney, is John Tucker's

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Speaker 2: congestion tax payment each day will be two hundred and

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Speaker 2: fifty dollars aways crossing across sixtieth Street.

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Speaker 4: All right, Whitney, let's go to that. What's your view

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Speaker 4: on congestion pricing, because that's become a political football.

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Speaker 1: I know, I'm all in favor of it.

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Speaker 3: I think we should be doing the opposite of what

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Speaker 3: this country has been doing for the last you know,

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Speaker 3: fifty years, which is subsidizing driving and charging for public transportation.

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Speaker 1: We should be doing the reverse.

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Speaker 3: You know, I've traveled the world, and I've been to

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Speaker 3: Singapore and there is there is not a single bit

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Speaker 3: of traffic to any kind of traffic jam in Singapore.

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Speaker 3: Why because they congestion price basically the whole city, and

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Speaker 3: anytime there's you know, rush hour traffic on a particular street,

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Speaker 3: they just raised the price.

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Speaker 1: Until the traffic is gone.

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Speaker 3: I think people who oppose congestion pricing are thinking about

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Speaker 3: the cost of it wrong. It's not the nine dollars

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Speaker 3: to the fifteen dollars that's really costing people. It's sitting

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Speaker 3: in traffic for an hour, burning expensive gas, and wasting

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Speaker 3: your time.

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Speaker 1: And I want to get rid of all of that.

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Speaker 1: In New York City, all.

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Speaker 4: Right, let's talk about housing costs. I mean, for most

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Speaker 4: New Yorkers, it is a constant challenge. Quite frankly, it's

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Speaker 4: been the constant challenge as long as I can remember.

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Speaker 4: Is there a solution? Is there a way to reduce

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Speaker 4: that burden on average New Yorkers.

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Speaker 3: Yes, although there's no magic bullet that's going to immediately

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Speaker 3: bring down housing costs. This is built up over a

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Speaker 3: long period of time, and it's a classic example of

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Speaker 3: what I a is a lifelong democrat and running against,

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Speaker 3: which is I'm a sensible centrist. We need to build

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Speaker 3: more housing. Vacancy rate in New York cities down to

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Speaker 3: one point four percent, and the problem is is nobody's

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Speaker 3: been able to build new housing because of primarily bureaucratic

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Speaker 3: regulations and.

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Speaker 1: So forth, but also these incredibly onerous zoning rules.

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Speaker 3: The radical lefty nimby types not in my backyard type,

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Speaker 3: have taken a good idea, which is sensible zoning, and

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Speaker 3: taking it.

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Speaker 1: To an extreme.

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Speaker 3: When you have sort of a one party control of

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Speaker 3: the city, often extremists get their agenda. Over the years,

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Speaker 3: all these zoning rigs are built up so to its credits.

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Speaker 3: The city Council last week finally passed a watered down

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Speaker 3: bill to slightly ease these zoning issues. I'm going to

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Speaker 3: really push hard on that because we need a lot

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Speaker 3: more housing and that will bring the price down.

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Speaker 2: Wenny Tilson, our listeners and viewers nationwide, indeed worldwide, when

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Speaker 2: they go through JFK, visit New York and they notice

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Speaker 2: a different and absolutely unique police force. Jessica Tish takes

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Speaker 2: over as a new commissioner for Mayor Adams. What will

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Speaker 2: the Tilson NYPD look like if you're elected as a

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Speaker 2: Democratic mayor?

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Speaker 3: Yeah, well, I can boil it down into six words.

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Speaker 3: Big picture, Let police do their fricking jobs. That's the

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Speaker 3: big picture. And three words of that is the opposite,

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Speaker 3: which is deep bund the police, which are the three

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Speaker 3: dumbest words of all time. So again, that's what the

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Speaker 3: radical left has been pushing and handcuffing our police.

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Speaker 1: So let me give three bullet points.

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Speaker 3: Number one, crime of violent crime in particular is not

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Speaker 3: a random If you look at all the one hundred

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Speaker 3: thousand plus city blocks in New York, fifty percent of

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Speaker 3: violent crime person only three point five.

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Speaker 1: Percent of those blocks. And it's a.

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Speaker 3: Single apartment building or a single block where there's open

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Speaker 3: air drug dealing, you know, like in Washington Square Park

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Speaker 3: for example. In those areas, the police working with the

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Speaker 3: local community. You can't have the police come in as

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Speaker 3: some invading force, you know, oppressing local residence. It's the

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Speaker 3: law abiding local residents in these areas that are being

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Speaker 3: terrorized by criminals. That so you flow the zone, you

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Speaker 3: declare a state of emergency, and you put more police in,

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Speaker 3: not less working with the community. So that be number one.

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Speaker 3: Number two is is we've got to roll back part

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Speaker 3: of the sanctuary city legislation that the radical left passed

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Speaker 3: under Deblasio that don't allow our local.

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Speaker 1: Officials when they arrest right an.

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Speaker 3: Illegal immigrant committing crimes, they should be on that they

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Speaker 3: should be turned over icen on the next flight.

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Speaker 1: Back to their home country. And that's not happening.

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Speaker 2: Okay, Whitney, We've got to leave it there. We're out

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Speaker 2: of time, but we look forward to having you back

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Speaker 2: on again, as we will many other candidates within this

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Speaker 2: New York City mayor race, including perhaps we'll try to

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Speaker 2: get on again Eric Adams are President Mayor, mister Chilson

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Speaker 2: running as a Democrat in a crowded field to say

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Speaker 2: the lease