And the mayor has the power to do that through something called the Rent Guidelines Board, composed of nine members the mayor appoints each one. Previous mayor froze the rent three times. It's just a question of political will. And it's why The landlords of those units, their lobby Group just donated $2.5 million to Andrew Cuomo. because they know what I he's going to raise the rent. I'm going to freeze the rent. So it's a good business investment for them to get on the side of the landlords. (06:58–07:04)
CLAIM
Asserts that landlords' lobby group donated $2.5 million to Andrew Cuomo.
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.