Michael Blake, a candidate for New York City mayor, has called for a rent freeze on stabilized units following a proposed rent increase of up to 7.75% by the Rent Guidelines Board. He argues this freeze is essential to address the affordability crisis in NYC and proposes support mechanisms like a vacancy tax for small property owners. Despite facing significant challenges in the Democratic primary race against high-profile rivals, Blake aims to attract late-deciding voters with a clear policy platform focused on housing and economic concerns.
Blake emphasized the importance of addressing the affordability crisis with a rent freeze while supporting small property owners via mechanisms like a vacancy tax.
Blake criticized the Rent Guidelines Board's proposed rent hikes, advocating for strategies to alleviate the financial burdens on both tenants and small property owners.
With upcoming primaries, Blake is focusing on a detailed policy agenda to appeal to late-deciding voters, amidst low polling support against established rivals.
Concerned over the impact of rent increases, Blake argues that housing and childcare costs are major barriers preventing New Yorkers from thriving.
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