Rent freeze
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Real estate CEO on how a Mamdani mayoral win could affect NYC
Bloomberg Television· 2025-07-11 17:37
It's wonderful like to pretend you're a Robin Hood and you can just ma wave a wand and do that, but it doesn't work that way. I mean, a lot of landlords are sort of they have this negative connotation like they're bad, but there's a lot of people who have a few buildings that are paying their bills and something like a rent freeze would be so damaging to them that they wouldn't be able to pay their bills and make repairs. And I don't think what Mandani is saying he would do is even possible.I don't think he ...
X @The Wall Street Journal
The Wall Street Journal· 2025-06-27 10:03
New York City’s developers and landlords are in a mad scramble to block from City Hall the socialist who wants to freeze rent https://t.co/Cbo5SqwbQn ...
A rent freeze adds a layer of stigma on NYC REITs, says Stephens' Matt Breese
CNBC Television· 2025-06-26 18:08
And my next guest says those real estate headwinds could spill over into other sectors. Joining us now is Steven's analyst Matt Breeze. Matt, it's good to see you and where are you digging into.Yeah, thank you Kelly very much for having us. Yeah, so our coverage list is the Northeast and Mid-Atlantic banks, many of which play in the Metro New York City area, many of which not only deal with rent regulated multifamily. A lot of those buildings also have market rate multif family.And I think those are kind of ...
Rent freezes in New York City are a fairytale, says Brown Harris' Bess Freedman
CNBC Television· 2025-06-25 18:20
Bess Freedman, Brown Harris Stevens CEO, joins 'The Exchange' to discuss housing in New York City and the mayoral race. ...
Primary win by pro-rent freeze Mamdani knocks shares of Flagstar bank on NYC market exposure
CNBC· 2025-06-25 15:55
New York mayoral candidate, State Rep. Zohran Mamdani (D-NY) speaks to supporters during an election night gathering at The Greats of Craft LIC on June 24, 2025 in the Long Island City neighborhood of the Queens borough in New York City.Mamdani, who is now the likely favorite to win the general election in November, promised to freeze rent increases in stabilized units during his campaign. The New York City mayor has the power to appoint representatives to the regulatory board that oversees rent-controlled ...
