Advocate For Universal Rent Stabilization

Overview

• • Mayor Mamdani commits to advocating for state legislation that would apply rent stabilization rules to all newly constructed housing in New York City.

• • Rent stabilization currently applies only to certain buildings, and the proposal would extend regulated lease protections beyond existing programs such as Mandatory Inclusionary Housing.

• • Mamdani’s policy proposal frames universal rent stabilization as a way to ensure new housing provides stable, regulated leases rather than market-rate tenancy.

Sources