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Zohran Mamdani: “Mayors use their power with the Rent Guidelines Board to…”

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

NYC Debate For Mayor | Full NY1 Coverage

Published October 23, 2025 | Video Starts at 20:21

We've seen a lot of inflation in recent years. Haven't small landlords felt that pinch as well? And then we have other questions for the other candidates. You know, we've seen time and again Mayors use their power with the Rent Guidelines Board to hike the rent on those same more than 2 million New Yorkers. This same Rent Guidelines Board did a study that found that landlords of those units had seen their profits increase by more than 12%. (20:21–20:29)

CLAIM

Claims mayors have used the Rent Guidelines Board to increase rent for over 2 million New Yorkers.

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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Zohran Mamdani

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“One in 300 Americans is a student in the New York City public school system.”
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“I have plans for our future.”
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“ICE is a reckless entity that cares little for the law and even less for the people that they're supposed to serve.”
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“Donald Trump ran on going after his political enemies.”
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“Donald Trump ran on lowering the cost of living.”
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“My campaign is going to deliver 200,000 new affordable homes across the five boroughs.”
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“We are in the ninth consecutive year of more than 100,000 children in the New York City public school system being homeless.”
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“Landlords of those units had seen their profits increase by more than 12%.”
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“Rent stabilized tenants who have a median household income of $60,000.”
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“All of [the Rent Guidelines Board members] are appointed by the mayor.”
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“Jersey City's at seven [houses for 1,000 people].”
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“The median household income [in New York City] is 70,000 dollars for a family of four.”
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“We need to build more housing in this city.”
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“The jobs we create in the building of that housing should be good jobs.”
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“I will be the mayor who doesn't just protect Jewish New Yorkers, but also celebrates and cherishes them.”
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“Ensure that the NYPD are outside of synagogues and temples on the high holy days.”
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“We are not on track to comply with the class size mandates of those schools.”
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“We are not even on track to ensure greater literacy levels across those schools.”
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“I will always celebrate the addition of additional housing units across the city.”
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“One of those women, Charlotte Bennett, is here in the audience this evening.”
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“You sent seniors to their deaths in nursing homes.”
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“You cut funding for the MTA to send money to upstate ski resorts.”
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“Increase funding to hate crime prevention programs by 800%.”
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“It would reduce assaults on bus drivers.”
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“I delivered [free buses] as a State assembly member who won the first free buses in New York city's history.”
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