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Mamdani’s fat rent hike for NYC’s Tracey Towers shows his true housing cluelessness

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Turns out Mayor Zohran Mamdani’s rent freeze will only apply to some New Yorkers, while his own Department of Housing Preservation and Development sends others’ rents through the roof.

HPD proposes a nearly 30% rent hike over four years at Tracey Towers, a Mitchell-Lama complex in The Bronx, citing a need to cover big bills for repairs, maintenance and mortgage.

Meanwhile, the Mamdani-packed Rent Guidelines Board is moving ahead with 0% hikes for countless other landlords who face the very same challenges.

The mayor’s new Office of Mass Engagement is organizing a “community” pressure campaign to stage a show of popular anger to justify the RGB delivering on his promised freeze for tenants in rent-stabilized units.

No worries........

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