Proposing a housing policy that will accelerate New York’s housing crisis just to troll Zohran Mamdani is an odd look for Andrew Cuomo, who ran for mayor on seriousness and experience. But badly losing a primary will do that kind of thing to a man.
Specifically, under Cuomo’s proposal, prospective tenants wouldn’t be allowed to rent a rent-stabilized unit unless they could prove that the rent would eat up at least 30 percent of their household income.
Am I remembering it wrong, or do you typically get rejected for an apartment if it would eat up more than a third of your income?
If so, there can be no doubt that Cuomo KNOWS this and wants to make almost all rent-stabilized units empty as a convenient excuse for eliminating them altogether because “nobody’s using it anyway”.
Am I remembering it wrong, or do you typically get rejected for an apartment if it would eat up more than a third of your income?
If so, there can be no doubt that Cuomo KNOWS this and wants to make almost all rent-stabilized units empty as a convenient excuse for eliminating them altogether because “nobody’s using it anyway”.
Anyways, have a comic