#rent-freeze

#rent-freeze

The secret fear of the loudest die-hard critics of Mayor-elect Zohran Mamdani is not that he will fail as the city's leader but that he has a very good chance of succeeding. If the new administration demonstrates it can deliver on its promise to lower the cost of living while managing our city efficiently and keeping the streets safe, it will become clear that the fearmongers who have been screaming warnings about a coming municipal apocalypse were peddling nonsense all along.

"Eric Adams raised my rent," it read. "Zohran will freeze it."

If you freeze rents for current rent-stabilized tenants, then there will be a significant domino effect that results in higher rents for neighboring free market tenants.

Landlords need yet another rent hike even after landlord profits have surged for two years in a row.