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BumRushDaShow

(163,361 posts)

4. "why would any landlord agree to participate in that type of program?"

Mon Nov 10, 2025, 10:39 AM

Monday

Because the option is now there to do same type of thing that 45 is doing to universities, law firms, the media, corporations big and small, and even states and whatnot.

I.e.,

While the New York City mayor does not have direct power over rent prices, Mamdani's office appoints members to the city's Rent Guidelines Board, which itself sets rent limits and would need to enact rent freezes, according to the board's website. The mayor also has sway over zoning for new housing developments and other buildings and sets the city's budget, according to the New York City government's website, opens new tab.

It boils down to the "you do it or else".

What's "good for the goose..."

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IbogaProject

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Highlight:

New York City commercial real estate industry seeks to work with Mamdani as rent freezes threaten [View all] BumRushDaShow Monday OP

And many are staying in place.................. Lovie777 Monday #1

You mean that the promised "exodus to Florida and Texas" isn't happening? OMG!!111!111!! PSPS Monday #2

If I owned an apartment building in NYC moreland01 Monday #3

"why would any landlord agree to participate in that type of program?" BumRushDaShow Monday #4

I think you are misinformed, the buildings were entered into the program longago or IbogaProject Monday #6

Where I live (Colorado) moreland01 Monday #7

Yes those "limited equity" ones are a boondogle IbogaProject Monday #8

Only buildings built before 1975 are under actual Rent Stabilization or Control IbogaProject Monday #5