The debate over a rent freeze in New York hinges on the argument that tenants in rent-stabilized units cannot afford an increase. Tenant-side advocates are saying this often. They decried the 3 percent increase approved by Eric Adams’ rent board last year.  Concern about tenants’ ability to pay is reaching landlords. In data published earlier this month by the NYC Housing Partnership, more than three-quarters of survey respondents, practitioners in for-profit affordable housing, said they’re concerned that residents will be unable to afford the rent increases needed to sustain building operations. “I think the Mamdani administration has it right that […]

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