When this all comes crashing down due to rampant corruption and egregious mismanagement we need to make sure New York City doesn’t receive a dime in federal bailouts to fix it. Let them go bankrupt, idc, they need to feel the consequences of their own choices, and feel them hard
NOW: Mamdani says his admin will transfer ownership from bad landlords to non-profits.
“For buildings that have suffered chronic neglect, we will work to transfer ownership to responsible stewards.
Stewards that include community land trusts, non-profits, or even the tenants themselves.”