Follow live updates on Mayor Zohran Mamdani\u2019s socialist agenda and the latest in NYC politics<\/a><\/p>\nThe section also calls to launch \u201cOur Home,\u201d a program to help convert rental buildings into resident-controlled affordable cooperatives.<\/p>\n
The co-op program is expected to support 300 new affordable units during the next two fiscal years, according to the plan.<\/p>\n
The pro-tenant policies raised alarms among many real estate leaders and pols, who warned that they\u2019d actually undercut Mamdani\u2019s affordable housing goals.<\/p>\n
\u201cThis is a one-sided, pro-tenant plan that does absolutely nothing for thousands of distressed small rent-stabilized property owners, who next month will be saddled with a Mamdani-engineered rent freeze from the Rent Guidelines Board,\u201d said Ann Korchak, board president of Small Property Owners of New York.<\/p>\n
Mamdani\u2019s 111-page housing plan calls to build 200,000 new affordable homes, and preserve or stabilize another 200,000 over the next 10 years. Gregory P. Mango<\/p>\n
\u201cThe code enforcement section, in particular, is all politics and no real substance. Small owners are often victimized by tenant-caused violations and denial of access to apartments. This latest Mamdani housing scheme will deepen the distress of rent-stabilized properties, the backbone of affordable housing.\u201d<\/p>\n
Councilwoman Joann Ariola (R-Queens) argued Mamdani was putting his leftist ideology over results.<\/p>\n
\u201cHomeownership over perpetual rentorship should always be the goal, but this sounds like we\u2019re about to see some kind of city-funded class warfare initiative get underway,\u201d she said.<\/p>\n
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\u201cUsing city-funding to train housing activists on how to take over their buildings seems like a grave misuse of taxpayer dollars, and is yet another example of the mayor inserting his far left ideology into the city budget.\u201d<\/p>\n
The overall housing plan was developed by officials in Mamdani\u2019s City Hall, including his tenant advocate Cea Weaver, sources said.<\/p>\n
Included in Mamdani\u2019s housing plan is a proposal to launch \u201cOur Home,\u201d a program to help convert rental buildings into resident-controlled affordable cooperatives. Gregory P. Mango<\/p>\n
Weaver, who previously called to abolish private property, was \u201cintegral\u201d to the plan, insiders said.<\/p>\n
The \u201cFix the City\u201d code enforcement initiative calls to target the city\u2019s worst landlords, \u201cwho speculate on buildings, persistently disregard repairs, and refuse to improve or change their business practices.\u201d<\/p>\n
The effort will start this year with probes into at least 10 housing portfolios with the largest concentration of \u201cegregious violations,\u201d according to the plan.<\/p>\n
The city will use an existing program \u2013 called 7A \u2013 to start legal action that could remove negligent owners and managers from day-to-day management, the plan states.<\/p>\n
Mamdani said that under the initiative, the ownership of buildings in chronic neglect could be transferred to \u201cresponsible stewards.\u201d<\/p>\n
Those would include \u201ccommunity land trusts, nonprofits or even the tenants themselves,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Seize the means of accommodation! Socialist Mayor Zohran Mamdani put bad landlords on notice Tuesday, pledging to help…\n","protected":false},"author":2,"featured_media":244425,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[24225,2954,57,9,56,63,65,64,58,82],"class_list":["post-244424","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-landlord-tenant-disputes","tag-landlords","tag-metro","tag-new-york","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-us-news","tag-zohran-mamdani"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/244424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=244424"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/244424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/244425"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=244424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=244424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=244424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}