Mamdani will be happy to take possession of the building in the name of “the people” - deeming it run by “a negligent landlord.”
“Zohran Mamdani has a plan to seize private property and take over the apartment-housing business in New York City.. to transfer ownership of apartment buildings from negligent landlords to nonprofits.”
Expect the building to either become housing for “migrants” or Section 8.
He has raised rent 30% on govt controlled apartments (stating more revenue was needed for upkeep and that the current rent does not cover costs). Yet, he froze rent on private owned apartments (even tho Landlords have argued the same complaints ).
Landlords are going to end up losing their apts to the banks. Then Mamdani will seize the units, AND raise the rent 30%. How do you like those NYC apples?