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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Mainstream Begins to Come to Mamdani

New York Citys rents keep rising, and as they do, so do the odds that the citys next mayor will be Zohran Mamdani. The median rent in Manhattan in June was $4,625, which was 7.6 percent higher than it was one year earlier. In Brooklyn, median rent was $3,733, 1 percent higher than in June 2024.
The crisis of affordability, in which housing costs loom largest, is the issue that Mamdani has addressed most directly and forcibly on the campaign trail, and is among the issues weighing down the dim re-election prospects of incumbent Mayor Eric Adams. (As, of course, is Adamss deal with President Trump to allow ICE agents to proceed with his blessing within the city limits in return for the feds dropping their corruption charges against him.) Mamdanis support for a rent freeze clearly played a major role in his decisive victory over former Gov. Andrew Cuomo in last months Democratic primary.
A number of the citys billionaires have been predictably spooked by Mamdanis victory, and besides rallying to Adamss banner (or Cuomos, or anyones not named Mamdani), theyve leveled a host of absurd charges against the Democratic nominee: Hes a communist! Hell seize the means of production! (Which in New York means what? Publishing houses? Broadway musicals?) Among their more plausible-sounding warnings, the Cassandras of Billionaires Row allege that a Mamdani rent freeze will stop the construction of all new housing.
Thats only plausible, of course, until you realize that the only apartments on which rent can be frozen are those built before 1974, and those relatively few whose building owners have agreed to have their post-1974 buildings subject to a freeze in return for the city providing financing for their construction. (Those two categories encompass about half of the citys apartments.) In other words, a Mamdani rent freeze will not deter private developers by one measly iota from building new projects to their hearts contents.
The crisis of affordability, in which housing costs loom largest, is the issue that Mamdani has addressed most directly and forcibly on the campaign trail, and is among the issues weighing down the dim re-election prospects of incumbent Mayor Eric Adams. (As, of course, is Adamss deal with President Trump to allow ICE agents to proceed with his blessing within the city limits in return for the feds dropping their corruption charges against him.) Mamdanis support for a rent freeze clearly played a major role in his decisive victory over former Gov. Andrew Cuomo in last months Democratic primary.
A number of the citys billionaires have been predictably spooked by Mamdanis victory, and besides rallying to Adamss banner (or Cuomos, or anyones not named Mamdani), theyve leveled a host of absurd charges against the Democratic nominee: Hes a communist! Hell seize the means of production! (Which in New York means what? Publishing houses? Broadway musicals?) Among their more plausible-sounding warnings, the Cassandras of Billionaires Row allege that a Mamdani rent freeze will stop the construction of all new housing.
Thats only plausible, of course, until you realize that the only apartments on which rent can be frozen are those built before 1974, and those relatively few whose building owners have agreed to have their post-1974 buildings subject to a freeze in return for the city providing financing for their construction. (Those two categories encompass about half of the citys apartments.) In other words, a Mamdani rent freeze will not deter private developers by one measly iota from building new projects to their hearts contents.
https://prospect.org/politics/2025-07-14-mainstream-begins-to-come-to-mamdani/
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The Mainstream Begins to Come to Mamdani (Original Post)
justaprogressive
Monday
OP
Prairie Gates
(5,706 posts)1. The rent is too damn high
Once the sore losers and capitalist ideologues stop their huffing and puffing and look at the actual candidates in the mix, they realize that sexual harasser Cuomo, corrupt Trump toadie Eric Adams, and lunatic wannabe vigilante and Morton Downey Jr. talk show celebrity Curtis Sliwa are all horrific choices, and Mamdani is both likable and cogent.
Now's the bargaining phase, after their initial temper tantrums.
Hopefully, we will move out of the temper tantrum phase - er - close to home as well.
Scrivener7
(56,484 posts)2. I wonder how many are like me. He wouldn't have been
my first choice if I still lived in NYC. But after seeing our own side trashing the voters' clear choice, I'm really rooting for him.
How dare they?