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Mamdani’s on a quest to kill NYC’s free housing market — ...
Michael Goodwin · 2026-06-28 · via New York Post
NYC Mayor Zohran Mamdani speaks in the Bronx about his new program, Organize NYC, to get renting New Yorkers out to speak their voices during the Rent Guidelines hearings.
NYC Mayor Zohran Mamdani speaks in the Bronx about his new program, Organize NYC, to get renting New Yorkers out to speak their voices during the Rent Guidelines hearings. Matthew McDermott for NY Post

After Mayor Mamdani promised to freeze rents for two years in nearly a million rent-stabilized apartments, the lefties on the Rent Guidelines Board saluted and delivered for him.

Here is some of how he gloated afterward:

“This is a historic victory for New York City tenants. After reviewing the data and hearing from New Yorkers across the city, the independent RGB has delivered a freeze on one-year leases, and the first-ever freeze on two- year leases in our city’s history. This is the relief that working people across our city deserve.”

He also vowed that, “I’ll continue working to deliver a more affordable city by building and preserving affordable housing, lowering building operating costs like insurance, and ensuring tenants know their rights.”

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In plain English, he’s warning that private-sector owners must realize they have no rights to cover their costs, let alone to make a profit.

And oh, by the way, developers shouldn’t even think of building rental units here. The free housing market in New York is dead.

Long live the revolution!