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New York

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RandySF

(76,780 posts)
Tue Aug 12, 2025, 12:57 AM Aug 12

Cuomo says rent-stabilized tenants should pay at least 30% of their income in rent [View all]

Andrew Cuomo on Monday said that as mayor, he’d push to require New Yorkers looking to move into rent-stabilized apartments to pay at least 30% of their income in rent every year.

The 30% requirement would, by definition, make those new tenants rent–burdened.

The proposal, called “Zohran’s Law,” is a political shot at Democratic nominee Zohran Mamdani: Over the weekend, Cuomo accused Mamdani, who makes $142,000 as a state assemblymember, of being too wealthy to live in his rent-stabilized apartment.

“They are supposed to be for hard-working men and women, but far too many rich people are taking advantage,” Cuomo said of rent-stabilized units. “We must stop the Zohran Mamdanis of the world from gaming the system and boxing out lower income New Yorkers who are barely scraping by and Zohran’s law will do that.”




https://www.nydailynews.com/2025/08/11/cuomo-says-rent-stabilized-tenants-should-pay-at-least-30-of-their-income-in-rent/

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