cupure logo
2025milliontrumpsworldtariffssupermancuttrumptariffwimbledon

I was on New York’s rent board. Zohran Mamdani’s ideas aren’t pie in the sky | Leah Goodridge

The Democratic mayoral candidate has faced controversy over his calls for a rent freeze. But the plan has plenty of precedent During the New York City mayoral primary campaign, Zohran Mamdani’s proposal for a citywide rent freeze became a contentious topic. The Democratic nominee says to achieve a cap on annual rent increases for the city’s 1m rent-stabilized apartments, he would appoint members to the city’s rent guidelines board who support it. Critics decry a rent freeze as a pie-in-the-sky, unrealistic proposal.I served as a rent guidelines board member for nearly four years, appointed by then mayor Bill de Blasio in 2018. And it’s clear this controversy isn’t just about rent freezes – there’s a larger agenda to deregulate rent-stabilized housing, under which rent ceilings prevent landlords from raising the rent too high and tenants must be offered renewal leases (unless the landlord shows legal reason not to). Continue reading...

Comments

Business News