The Election's Number One Issue, and What Else Happened This Week in Housing
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The Election's Number One Issue, and What Else Happened This Week in Housing
""Our greatness will be anything but abstract," Mamdani said in his Election night victory speech in Brooklyn. "It will be felt by every rent-stabilized tenant who wakes up on the first of every month knowing the amount they're going to pay hasn't soared since the month before. It will be felt by each grandparent who can afford to stay in the home they have worked for.""
""There's always a price increase every year. It's not fair for the people who are already low-income, for families who are low-income, and they're just doing their best to make enough for rent and then they also have utility bills and basic necessities that they need to care for," said Karina Abreu Brito, 29, who was casting her ballot in Mott Haven. "I feel like that's the most important thing right now, especially since we're supposedly getting a colder winter.""
Zohran Mamdani won New York City's mayoral election on a platform centered on housing affordability, proposing a rent freeze for two million rent-stabilized tenants and other cost-of-living measures such as free buses and universal childcare. Mamdani will be the city's first Muslim mayor and its youngest in nearly a century. Housing emerged as the top voter concern, with many residents citing annual rent increases, utility costs, and winter pressures. Four housing-related ballot measures passed, creating potential support for a plan to build 200,000 affordable apartments over the next ten years.
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