New York City
fromCurbed
21 hours ago'I'm Obviously Going to Be Painted As the Heel'
Rents for nearly a million New York apartments need to increase to maintain habitable conditions, according to Kenny Burgos.
Zohran Mamdani had little to say when asked during Thursday night's mayoral debate how he would cover the cost of his $10 billion in freebies for his socialist agenda - as Gov. Kathy Hochul has insisted she will not raise taxes. "Look, a lot of people have called even my campaign a non-starter when we first again and now I stand before you proud to be the Democratic nominee who got the most votes in city primary history," Mamdani said, dodging the question.
If you don't have the paperwork from 15 years ago when you deregulated a unit, when the rent was $900, and now you're charging $6,000 He didn't need to finish the sentence, because rent-stabilized owners know exactly what he's talking about: the risk of having to pay a tenant years' worth of overcharges because they can't document renovations that removed a unit from stabilization, back when that was allowed.