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NYC Freezes Rents Amid Landlord Backlash
NYC just froze rents on a million rent-stabilized apartments — a historic move passed 7-to-1, hailed by Mayor Mamdani as a win for tenants but slammed by landlords who say it ignores rising costs and could hurt maintenance. One board member resigned over claims the decision was politically pre-planned, casting doubt on the board’s independence. Despite backlash, a landlord on the board says zero percent is actually best for them — while the Mayor’s office rolls out a new insurance program next year to ease landlord burdens. Support the show:Get a discount at…
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