Mayor Mumdani Responds To Rent Increase Proposal
Mayor Mumdani stated that government policies are separate from bigotry. He was responding to an Anti-Defamation League report identifying New York as the state with the highest number of anti-Semitic incidents. The remarks were made in New York. Affordable building owners in New York City reportedly need a rent increase in the range of 4.5 to 6.5 percent to break even and repair their buildings. He expressed encouragement that the board is seriously considering data on affordability, operating expenses, and the pressures facing both tenants and small property owners as it sets a preliminary range.
Topics
Developing
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Sources · 7 independent
1010 WINS NYC
“Mayor Mumdani says the policies of a government are separate from bigotry. He's being asked about an ADL report that shows New York is the state with the most anti-Semitic incidents.”
1010 WINS NYC
“Mayor Mumdani released a statement, encouraged to see the board taking seriously data around affordability, operating expenses, and pressures facing tenants and small property owners.”
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