Mamdani’s fat rent hike for NYC’s Tracey Towers shows his true housing cluelessness
Mayor Zohran Mamdani's proposed rent hike for Tracey Towers in The Bronx has sparked criticism regarding his approach to housing issues. The Department of Housing Preservation and Development is suggesting a nearly 30% increase over four years, while other landlords are facing 0% hikes. Critics argue that the mayor's policies are exacerbating the affordable housing crisis in New York City.
- ▪Mamdani's rent freeze will only apply to select New Yorkers, leaving others facing significant rent increases.
- ▪The HPD's proposal for Tracey Towers includes a nearly 30% rent hike to cover operational costs.
- ▪The city's affordable housing crisis is worsening as many rent-stabilized apartments remain off the market due to financial stresses.
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Opinion editorial Mamdani’s fat rent hike for NYC’s Tracey Towers shows his true housing cluelessness By Post Editorial Board Published June 6, 2026, 11:33 a.m. ET Whether or not Mayor Zohran Mamdani ever admits it, the only solution is to quit pretending government has any answers here, and unleash the private market, writes the Post Editorial Board. Matt Roberts/Shutterstock See more of our coverage in your search results. Add The New York Post on Google 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.
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