Mamdani pledges ‘aggressive’ crackdown on bad landlords, says NYC will work to ‘transfer ownership’ to tenants
Mayor Zohran Mamdani has announced a new housing plan aimed at addressing the issues caused by bad landlords in New York City. The plan includes aggressive legal actions against negligent property owners and initiatives to transfer ownership of neglected buildings to tenants. Critics argue that the pro-tenant policies may undermine the city's affordable housing goals and negatively impact small property owners.
- ▪Mamdani's housing plan aims to build 200,000 new affordable homes and stabilize another 200,000 over the next decade.
- ▪The plan includes a program called 'Our Home' to convert rental buildings into resident-controlled cooperatives.
- ▪Critics warn that the plan may harm small property owners and disrupt the balance of the rental market.
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Metro Mamdani pledges ‘aggressive’ crackdown on bad landlords, says NYC will work to ‘transfer ownership’ to tenants By Craig McCarthy, Hannah Fierick and Matt Troutman Published May 26, 2026, 5:16 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Seize the means of accommodation! Socialist Mayor Zohran Mamdani put bad landlords on notice Tuesday, pledging to help “transfer ownership” of chronically neglected buildings to tenants as part of his sprawling, new housing plan. “When necessary we will take aggressive legal action to remove negligent owners and property managers,” he said to cheers as he unveiled his administration “Block by Block” plan in Gowanus.
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