by Michael Ginsberg
DailyCaller.com
Former Housing and Urban Development (HUD) Secretary Shaun Donovan, who is seeking the Democratic nomination for New York City’s mayor, drastically underestimated the cost of a Brooklyn home.
Donovan claimed in a New York Times editorial board interview that a home in Brooklyn costs “around $100,000.” Editorial Board member Mara Gay then corrected him, noting a real estate website’s calculation that Brooklyn’s median home price is around $900,000.
[…] The average price of a single family home in Brooklyn is $768,000, according to Zillow.
A spokesman for Donovan emailed the Times after the interview, saying that he misunderstood the question and believed it to be about the assessed prices of Brooklyn houses.