Why Cuomo is wrong about Mamdani’s rent-stabilized apartment
Like any good socialist, Zohran Mamdani is familiar with the Marxist phrase, “From each according to his ability, to each according to his needs.” Mamdani says he was making $47,000 a year when he moved into his rent-stabilized apartment, which he found on StreetEasy. Maybe he needed a low-rent unit then. But now he makes $142,000, his wife also works, and his parents are wealthy. Clearly, Mamdani is getting more than he needs. Karl Marx would not approve. Now along comes Andrew Cuomo, calling on his rival mayoral candidate to give up the $2,300-a-month one-bedroom in Astoria. Cuomo also pitched […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Trump dangles HUD post to Adams in bid to reshape mayoral race

Savanna nabs another discounted office building with $50M short-sale deal

Fanatics exec rents 160 Leroy unit for peak ppsf

Stamford developer lands $91M for multifamily project

Massive Adirondack luxury estates on auction block

Sam Charney shares career history, development draws over steak dinner

Top Elliman team Noble Black & Partners exits for Corcoran

NJ puts $45M back into affordable housing pot after removal

City Council hints at lawsuit over land use ballot questions

Side launches in New Jersey with new brokerage Privé Haus