Public housing agency and the largest in North America
New York City Mayor Zohran Mamdani has unveiled a sweeping housing plan aimed at delivering 200,000 affordable homes, expanding public and nonprofit ownership, and reforming construction rules. While supporters say it will unlock supply at scale, critics warn it could slow development and raise costs for landlords and tenants. The plan is being rolled out with a focus on building through public, nonprofit, and private partnerships.
A coalition of NYC landlords has filed suit in Staten Island Supreme Court challenging the Rent Guidelines Board’s June 25 decision to freeze rents on 1 million stabilized units for two years. The suit argues the process was biased and a predetermined outcome. City officials defend the policy as protective of tenants and stability.