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NYC’s rent-freeze hurts landlords: Letters to the Editor — July 1, 2026

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The Issue: The Rent Guideline Board’s rent freeze on one- and two-year leases for rent-stabilized apartments.

Apartments represent a significant source of wealth production for their owners (“Mamdani’s Rent Surprise,” Editorial, June 27).

Forcing owners of rent-controlled units to absorb inflationary costs for salaries, maintenance, fuel and insurance represents an uncompensated “taking” of owners’ equity and property value.

It reduces the ability of owners to maintain properties, while increasing the probability of abandonment and foreclosure by the city. Mayor Mamdani and the rent board have the end goal of “seizing the means of production” within their grasp.

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For more than 30 years, I lived in New York and invested everything I could into one small rent-stabilized building. It wasn’t an investment to become wealthy. It was the foundation that allowed me to support my family as a single mother.

More than 20 years ago, I founded Save One Person, a nonprofit dedicated to helping find organ donors. When........

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