Progressive Promises Meet the Reality of Urban Governance Zohran Mamdani, the democratic socialist who won the Democratic primary in an upset last June, is the clear front-runner to become the next mayor of New York City. His agenda—including rent controls, increased corporate taxes, and more government involvement in housing development—has created what a number of real estate investors and...
by InRealEstate
Experts and Developers Weigh In on Housing Ambitions Versus Practical Policy As Washington, D.C., voters prepare for the June 16 primary election to select a new mayor, real estate stakeholders are sending a clear message: it isn't about how many houses and apartments the candidates are pledging to build—it's about policy . Developers, building owners, agents, and experts contend that the...
by InRealEstate
Understanding the Policy Decision and Its Far-Reaching Implications In a landmark decision that delivers on a central campaign promise, the New York City Rent Guidelines Board voted 7-1 on June 25, 2026, to freeze rents on both one-year and two-year leases for approximately one million rent-stabilized apartments across the five boroughs. The freeze takes effect October 1, 2026, and extends through...
by InRealEstate
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