"There are 3.7 million apartments in New York City, and, like families, the good ones are all alike and the bad ones are each unhappy in their own way. They can be sunlit but rat-filled, quiet but small, pet-friendly, too pet-friendly, doormanned, with or without an in-unit washer and dryer, in a great location and actually pretty decent for how much you're paying, and, maybe most important, rent-stabilized or not."
"Freezing the rent has been praised by a previous mayor, Bill de Blasio, who oversaw three rent freezes in office, and attacked by the current mayor, Eric Adams, who called Mamdani a "snake-oil salesman." (Contrary to some misconceptions, the Mamdani policy applies only to rent-regulated apartments.) A few weeks ago, a Twitter account with the technocratic name of Fix the City started running a promoted ad, captioned "Will a rent freeze actually help tenants?" It looked like the platonic ideal of a Vox explainer."
New York City contains about 3.7 million apartments that vary widely in size, condition, amenities, and regulation status. Average rents in Manhattan rose 8.4 percent in the past year, while rent-regulated apartments increased about nine percent over the past three years. Zohran Mamdani pledged to freeze rents on all rent-stabilized apartments, potentially for his mayoral term, alongside other promises. Bill de Blasio previously implemented rent freezes, while Eric Adams criticized the proposal. A pro-Cuomo super PAC ran a promoted ad arguing that a rent freeze could be harmful, using technocratic messaging and explanatory visuals.
Read at The New Yorker
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