NYC Mayor Zohran Mamdani Thread

SeaSnake said:
Bruh idk why los does not like this dude over Kamala. I get it but it ain’t like dude supported Trump.
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Seems to me his argument is that Kamala was a black woman that actually tried to address black specific issues and this dude is not. Which is typically the bar for black people to vote for a candidate.

But that’s been my point the whole time. What happens when democrats start winning without addressing black specific issues? People thought democrats would come crawling back to black voters when they lost, but instead they’re building coalitions that don’t include us.

Still yet to see how much power we hold in general elections and state/national elections, but the writing is on the wall.
 
Elzo69Renaissance said:
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Im not an expert in this subject but can already tell theyre full of shit & it sounds like something a slumlord would say. Imagine having enough money to purchase a MM building in NYC, AND can afford to leave it vacant, but complain about taxes. They really talk to yall like you're dumb and the worst part is this shit works.


www.brickunderground.com

Why do some NYC landlords leave apartments empty?

Reasons why landlords might opt for not renting their apartments.
www.brickunderground.com www.brickunderground.com
David Kalbfeld, vice president and account manager with Halstead Management Company, says that the phenomenon of landlords sitting on vacant apartments—a practice known as "warehousing"—typically occurs when they find it would be more lucrative to convert their rental building to condos or co-ops. "They don't want to keep the apartments empty, but at the end of the day, they'd rather sell than rent," he explains.
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In other cases, landlords may earn so much income from a retail tenant that they don't actually need to rent other units—and deal with the costs of maintaining them. Back in 2011, for instance, the New York Times wrote that even in the midst of rapid gentrification in Harlem, some landlords there were leaving residences in their mixed-use buildings empty, as they were collecting sufficient rent from ground-floor commercial tenants; a local architect told the Times these landlords didn't want the "hassle" of renting to residential tenants.
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Last fall, DNAInfo reported one an example of warehousing that generated controversy uptown. The owners of 78 Thayer Street, an Inwood building of 62 prewar rentals, were accused of letting almost half the units remain vacant because they wanted to convert the property into a co-op.

The building is rent-stabilized, according to the Rent Guidelines Board's list of such properties, which means the owners could stand to earn far more from selling the units as co-ops than from renting them below the market rate, even if that entailed letting the apartments languish for a while first.
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gothamist.com

More than 13K rent-stabilized units in NYC are sitting empty for multiple years, report finds

A city Independent Budget Office report examines vacancy data from the state’s housing agency amid concerns of "warehousing."
gothamist.com gothamist.com

More than 13,000 rent-stabilized apartments sat empty for the past two years amid a heated debate over “warehousing” low-cost units, according to a new review of state data.

Tenant organizations, landlord groups and policymakers have been trying to determine the exact number of empty rent-stabilized units in New York as the city contends with a dire housing shortage, surging homelessness and record-breaking rents.
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Landlords listed 42,275 rent-stabilized apartments as of April 1 of last year, with most of those apartments marked as “newly vacant,” the IBO said. The agency said 13,362 units sat empty for at least two consecutive years — up from 12,300 in 2021 — suggesting they were vacant for reasons other than the routine movement of tenants.

The issue of empty and “warehoused” apartments is fueling intense debate, with policymakers proposing legislation that would force owners to bring apartments back on the market. City officials enacted a grant program for landlords with empty units in need of renovation.
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Vacant apartment estimates based on city and state data ranging from nearly 90,000 empty units to fewer than 40,000 over the past two years.

Renters and their advocates have accused property owners of deliberately holding regulated apartments off the market to force changes to state laws that cap maximum rents and prohibit deregulation — a move that would allow them more latitude to increase rents.
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Landlord groups say owners have no choice but to keep low-cost units empty because they cannot earn enough from rent to cover needed repairs and renovations, highlighting empty apartments to angle for a change.
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Still, thousands of rent-stabilized apartments remain unaccounted for. Landlords registered around 836,000 rent-stabilized units last year, the IBO found, down from more than 944,000 in 2019, the year new laws restricted owners’ ability to raise rents and deregulate apartments. Landlords are often late registering the units with HCR.
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“We do not have a lot of low-cost vacant units,” HPD Assistant Commissioner Lucy Joffe told councilmembers at a June hearing on vacancies. “The dearth of units available for rent on any given day in our city is one of the main problems in our housing market.
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Inori said:
im really sick of everybodys obsession with fuckin israel yo. They aint a fuckin state lol
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The Rent Guidelines Board approved increases of at least 3 percent for New York City’s one million rent-stabilized apartments, rejecting the call for a rent freeze that helped Assemblyman Zohran Mamdani surge to the lead in the Democratic mayoral primary last week.

Mayor Eric Adams, who appointed the members of the board, has supported rent increases for rent-stabilized apartments every year since he took office. Mr. Mamdani, likely to be the Democratic nominee facing him in the general election in November, has promised not to do the same if he becomes mayor.

As the city faces linked affordability and housing crises, the contrast between Mr. Mamdani and Mr. Adams added a new layer of tension to the board’s decision.

On Monday night, the board, in a 5-to-4 vote, approved 3 percent increases for one-year leases and 4.5 percent increases for two-year leases. The votes against the increases came from the two members on the board representing landlords, who had wanted higher increases, and the two members representing tenants, who wanted a rent freeze.

Any increases would apply to leases beginning in or after October.

As in past years, the discourse around the vote reflects the rift between pro-renter and pro-landlord political interests in New York City. At the meeting on

Monday, held in a theater at El Museo del Barrio in East Harlem, renters and tenant advocates chanted “Freeze the rent” and waved colorful signs that read “Stop real estate greed” and “Tenants vote.”
 
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