City Warned: Mamdani Rent Freeze Risks Return to ’70s Bronx Infernos

Veteran reporters who covered the Bronx fires of the 1970s know exactly what happens when the cost of running buildings exceeds what landlords can collect in rent: disrepair, abandonment, and destruction. That’s what Mamdani’s affordable housing rent freeze would trigger citywide.

Freezing rents while insurance, taxes, heating, and repair costs rise will push buildings into collapse. Landlords will walk away, maintenance will stop, and affordable housing will vanish — just like it did during the last housing crisis.

Freezing the rent isn’t progress. It’s a policy rooted in economic fantasy and historical amnesia, that will increase homelessness and raise rents in the rest of the city’s building. And again, the press says nothing.

Rent Freeze Proposal Chills Cash-Starved Owners of Bronx Buildings…