Published Aug 13, 2026, 5:00 AM ET · Updated 3 months ago · 1 source

Mamdani’s affordability revolution stumbled as rent costs soar to record highs

foxbiz
foxbiz
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Original Report
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Mamdani’s affordability revolution stumbled as rent costs soar to record highs

New York City Mayor Zohran Mamdani's rent freeze plan faces economist scrutiny as the citywide median asking rent hits a record $4,200 in June.