Mamdani’s Rent Freeze Would Sink New York Landlords By Howard Husock It began as a New Year’s Day campaign stunt. A New York mayoral candidate wearing a suit and tie jumped into icy water off Brooklyn’s Coney Island. His goal was to call attention to his proposal to freeze the city’s rents. But now that Zohran Mamdani is the Democratic nominee and a national political celebrity, his plan has Sharon Cohen terrified. “It would make me lose my building. It would destroy me,” says Ms. Cohen, 64. She owns a 99-year-old, 35-unit, five-floor walk-up brick apartment building in the Highbridge…
Author: Howard Husock
Howard Husock
Howard Husock is a senior fellow in Domestic Policy Studies at the American Enterprise Institute (AEI), where he focuses on municipal government, urban housing policy, civil society, and philanthropy. This article was reprinted with permission. Learn more at www.aei.org.
