Mamdani’s Rent Freeze Will Bankrupt This Landlord @thefreepress

Uploaded July 2026 | Updated September 2026, 1 week ago

That’s New York City mayor Zohran Mamdani delivering on his campaign promise to “freeze the rent.” Starting October 1 2026, one- and two-year renewal leases on rent-stabilized apartments will be frozen, impacting 1 million rent-stabilized units in the city.

It’s easy to understand why a lot of New Yorkers voted for this policy. Rent in NYC is notoriously unaffordable.

The implication is that landlords are to blame. They’re evil capitalists sitting on piles of cash, exploiting their vulnerable tenants. But the truth is much more complex.

This March Lucy Biggers visited Jose Tur is a 31 year old Cuban-American who is a landlord of a building in Washington Heights. He complicates the simple "oppressor vs. oppressed” narrative Mamdani’s team would like us to believe.

Mamdani’s Rent Freeze Will Bankrupt This Landlord

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