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Zohran Mamdani: “Landlords of rent stabilized units have seen their insurance…”

Featuring: Zohran Mamdani, Democratic | Mayor of New York City

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The TJRS Lunch With Zohran Mamdani | The Joy Reid Show

Published | Video Starts at 23:45

The other thing is when you freeze the rent, you still can work to ensure that you're bringing costs down for the landlords of those units as well. So Landlords of rent stabilized units have seen their insurance costs double. They've seen them skyrocket. There's a way for city government to be a partner in starting to bring those costs down. There's actually an approach by a number of those landlords called Medford Street Capital. (23:45–23:51)

CLAIM

Asserts that insurance costs for landlords of rent-stabilized units have doubled.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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