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New York City mayor Zohran Mamdani’s commitment to a rent freeze ignites housing discussion

New York City mayor Zohran Mamdani's commitment to a rent freeze ignites housing discussion

New York’s Housing Crisis: Mamdani’s Rent Freeze Proposal Faces Pushback During his campaign for mayor of New York, Zoran Mamdani emphasized one key pledge: to freeze rents. However, the realities of the city’s intricate economic landscape are complicating this promise amidst a growing housing affordability crisis. As the new administration sets its agenda, Mamdani’s plans, […]

New York City landlords criticize Mamdani’s proposed increase in property taxes

New York City landlords criticize Mamdani's proposed increase in property taxes

Concerns Over Proposed Property Tax Hike in New York City Critics are raising alarms about Mayor Zoran Mamdani’s proposed property tax increase, warning it could adversely affect small building owners and potentially devastate the city’s rent stabilization market. The nonprofit group, New York Small Property Owners, has voiced serious concerns following Mamdani’s announcement that he […]

Mamdani’s budget demands for Gov. Hochul stem from a crisis he created himself.

Mamdani's budget demands for Gov. Hochul stem from a crisis he created himself.

Budget Dilemmas in NYC Budgets typically reflect choices, but Mayor Mamdani’s proposed budget for fiscal year 2027 leaves Governor Hochul and state lawmakers with just two options. They can either accept the tax hikes suggested by the governor or ask the City Council to implement a painful property tax increase of nearly 10%. The mayor […]

Mamdani’s tax increase will make him ‘Real Estate Agent of the Year’ following the expected departure of many, says Kevin O’Leary.

Mamdani's tax increase will make him 'Real Estate Agent of the Year' following the expected departure of many, says Kevin O'Leary.

Kevin O’Leary is expressing support for New York City Mayor Zoran Mamdani’s suggested property tax increase of 9.5%, labeling it as “bat madness” and predicting it might earn Mamdani “Realtor of the Year” accolades. “This proposal is, frankly, outrageous—but, you know, I think there’s some merit to it. If you’re living here, you really ought […]