The Daily Dirt: What to know about Cuomo’s means testing proposal 

Andrew Cuomo thinks rent-stabilized apartments should be reserved for tenants who spend at least a third of their income on rent.  On Monday, Cuomo released details on “Zohran’s Law,” a proposal inspired by the fact that Democratic mayoral candidate Zohran Mamdani lives in a rent-stabilized apartment.  Here’s the gist: Once a rent stabilized apartment becomes vacant, a landlord could only rent to someone who would spend at least 30 percent of their income on rent.  Mamdani pays $2,300 a month, and makes $142,000 as a state Assembly member (meaning he spends well below that 30 percent threshold). In a press […]This article originally appeared on The Real Deal. Click here to read the full story.