Mamdani’s new “bad landlord” strategy

Are you a high-road landlord or a low-road landlord? That’s the question owners are being faced with after Mayor Zohran Mamdani’s much-anticipated “rental ripoff” report came out this week. It’s a small but important nomenclature change. Instead of ripping into a vague, undefined group of “negligent” rent-stabilized landlords, the mayor has created two camps. High-road owners listen to tenants, respond to issues and communicate openly with city officials and lenders. Low-road landlords, however, “speculate on critical housing infrastructure using high risk, high reward practices that rely on evictions, disinvestment, or political games to make a profit from housing rather than […]

This article originally appeared on The Real Deal. Click here to read the full story.