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NYC Mayor Mamdani, after YEARS of rent control, and regulations... NOW wants to SIEZE privately owned property ??
Today 11:13 am
https://apis.mail.yahoo.com/ws/v3/mailboxes/@.id==VjN-0WwQGOHUKl_I8Knh58blk5wL1E_Hs_gBaaSgMKFZtMhpZAkC2m9mDAiFaURjLvIr7z8kzfFf8Qn-ZxFNNKBowA/messages/@.id==AAIDzFLBF4UhfnfCJSUZXR80Ldr/content/parts/@.id==2/refresh?appid=YMailNorrinLaunch&ymreqid=d382aa03-f340-cf5e-1c57-c30000018b00ConservativeWave » 27 May 2026, 7:32 am » wrote: ↑ NYC Mamdani says his administration will transfer ownership from bad landlords to non-profits or tenants. ...“For buildings that have suffered chronic neglect, we will work to transfer ownership to responsible stewards. Stewards that include community land trusts, non-profits, or even the tenants themselves.”
hmmmm... so NYC has imposed YEARS of rent control on private property owners, that make it IMPOSSIBLE for the property owners to fix and upgrade the properties in the most expensive city in America... AND THEN, CONFISCATE the property for a lack of Maintenance?
WHAT IS THIS... if not RAW COMMUNIST TOTALITARIANISM ? I think what we can expect is YEARS of Legal battles (which if the courts are honest Mamdani will lose), NOT TO MENTION even MORE NY and NYC Government FRAUD, WASTE, and ABUSE !!
I give NYC 5-10 years and it will be a TOTAL BASKET CASE & HELL HOLE!!
https://www.independentsentinel.com/so- ... -property/