Mamdani reveals his “bad landlord” playbook
Mayor Zohran Mamdani wants to put “bad” landlords out of business. For months, the mayor’s tenant-focused vision has been coming into focus. The administration’s full strategy becomes clear in the 112-page housing plan, titled “Block by Block.” The playbook involves collaborating with tenant organizations, searching for violations, removing existing owners and bringing criminal charges. The administration says the plan is intended to root out “a small group of persistent ‘bad actor’ landlords,” who have systematically neglected their buildings. But after legislation in 2019 capped revenues in rent-stabilized buildings, physical and financial distress have been growing in the sector. Those conditions […]
This article originally appeared on The Real Deal. Click here to read the full story.
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