Chief operating officer of the Corcoran Group, Gary Malin observes, “Misguided New York City and State legislation, like ‘good cause’ eviction, the FARE Act, and the 2019 rent laws, have in large part created this perfect storm for sky-high rents.”
The prices are high because the housing supply is limited, not because landlords in the city are ripping people off.
https://patriotpost.us/articles/129970-mamdani-is-making-nyc-unaffordable-2026-08-17
