“The core problem with New York’s housing affordability is not, at its heart, a rent regulation problem. It is a divergence problem. Rents for existing affordable units have become increasingly…
Mamdani’s Office of Mass Engagement will be knocking on doors this spring, urging New Yorkers to testify at upcoming Rent Guideline Board hearings. The board will vote in June on…
A report from the Rent Guidelines Board, which sets allowable rent increases for stabilized units in the city, showed that landlord net income was up—but not as much as last…
“To be sure, a small (and often overstated) segment of rent stabilized buildings face real financial distress. Adding to the rent burdens of a million households to save these outliers…