So you focus on exactly those sectors so that you can actually provide a more affordable life there. As you said, 8.5 million people call this city home. Close to two and a half million [New Yorkers] live in rent stabilized apartments. The city has the power to freeze the rent for those apartments. The mayor has used that power to increase the rent by more than 12%. (14:44–14:48)
CLAIM
Asserts that approximately 2.5 million New Yorkers live in rent-stabilized apartments.
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