Small Property Owners of New York

The Mamdani administration released 23 proposals to reform NYC rental practices, including credit-check reforms, tenant unions, and tiny elevators for walk-ups. The recommendations stem from hearings with 2,419 participants highlighting issues like pests, mold, and deceptive fees, though landlord groups criticized the process as anti-landlord.

A Rent Guidelines Board owner representative resigned hours before a final rent vote, alleging the board was predetermined to freeze rents despite rising building costs. The resignation created a vacancy in the owner-representative slot, raising concerns about the board's impartiality and compliance with city law.