Why Mamdani and Cea Weaver’s magical-thinking means MORE woes for city housing

Business

Mayor Zohran Mamdani and “tenant czar” Cea Weaver just won’t quit their drive to “socialize” city housing via central control of rent-regulated apartment buildings. The idea is to interfere with private-sector sales to steer ownership to politically connected nonprofits, as if that would miraculously fix the finances that have these buildings in distress. The duo was stymied in January when they tried to halt the sale of a portfolio of rent-regulated apartments and steer ownership to a favored “

din zilele anterioare