The Daily Dirt: Advocates eye public ownership of rent-stabilized buildings

by The Real Deal

New York University’s Furman Center held a panel Wednesday morning on the city’s rent-stabilized housing stock.  At one point, Samuel Stein, a senior policy analyst at Community Service Society, made a somewhat radical suggestion: Given the distress in rent-stabilized buildings, if landlords don’t take part in well-designed city programs meant to help them, maybe someone else should take over. Then, suddenly, the lights went out.  “The specter of government ownership!” Stein joked.  It’s an interesting time for rent-stabilized housing. Zohran Mamdani’s successful mayoral campaign has contributed to a sense of left-wing momentum, all while distress in the sector is growing […] This article originally appeared on The Real Deal. Click here to read the full story.
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