The Magic Number for Affordable Housing

Last week, Mayor de Blasio called the Astoria Cove development project in Queens "a real game-changer" because 27 percent of the planned units will be set aside for low- and middle-income households. But other developers say the deal won't be profitable enough, and that might mean that the project won't be built at all. Ryan Hutchins, a reporter covering real estate, transit and politics for Capital New York, talks about the development and the city's negotiations.