Business Insider
US · 1 hrs ago
Landlords are suing over the NYC rent freeze — and it isn't the first time
New York City Mayor Zohran Mamdani campaigned on a promise to freeze rents for tenants in rent-stabilized apartments across the five boroughs.
Camara Porter/Reuters
NYC landlords sued to block the rent freeze championed by Mamdani.
The lawsuit alleges that high costs and lower income will burden property owners.
Similar rent freezes in New York and other cities have faced landlord lawsuits in the past.
New York City landlords are pushing back against Mayor Zohran Mamdani's rent freeze.
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