On the recordJuly 23, 2025
If the cost of running a building is higher than the rent roll of the building, then you’re going to see eventually lack of repairs, lack of quality of life, and again, that is going to hurt low-income New Yorkers.
Eric Adams: “If the cost of running a building is higher than the rent roll of the building, then you’re going to see eventually lack…”
Editor's note · Context
Adams warns that Mamdani's rent freeze proposal will negatively impact low-income residents.
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