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.
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.
Adams warns that Mamdani's rent freeze proposal will negatively impact low-income residents.
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When you lie and state you can freeze rent - you can't freeze rent in NYCHA. You can't freeze rent in Mitchell-Lama. You can't freeze rent in market rate housing. You can't freeze rent, but you are lying and telling people you can do so…
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