Small landlords want to sell if Mamdani wins. Can they? 

Mayoral candidate Zohran Mamdani’s proposed rent freeze is sending small landlords of rent-stabilized buildings scurrying for the exits. Trading their properties is no easy feat, though. Mom-and-pop landlords in New York City expressed fear about how Mamdani’s policies could impact their businesses, according to the Wall Street Journal. A rent freeze, in particular, could hinder the income of landlords already squeezed by a monumental change in law from 2019. Landlords are barely making enough from rent to cover expenses. High inflation and elevated interest rates are dogging the industry further, not to mention the 2019 law that restricted owners from […]This article originally appeared on The Real Deal. Click here to read the full story.