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Zohran Mamdani: “The profits of their landlords increased in this last year…”

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

Zohran Mamdani Discusses New York City Mayoral Race and Progressive Policies at Zateo Town Hall

Published June 18, 2025 | Video Starts at 08:44

What I would say is that about two and a half million New Yorkers live in rent stabilized housing right now. They have a median household income of about $60,000 a year and The profits of their landlords increased in this last year by 12%. There is clearly room for relief for those very tenants who are on the precipice of being pushed out of their own city. (08:44–08:49)

CLAIM

Asserts that landlords of rent-stabilized housing saw a 12% profit increase in the last year.

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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