By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Amed Post

Breaking News,magazine, sport, life

Notification Show More
Font ResizerAa
Reading: Mamdani’s housing brass couldn’t name single time it rejected rent hikes for NYC’s most affordable apartments
Share
Font ResizerAa

Amed Post

Breaking News,magazine, sport, life

Search
Have an existing account? Sign In
Follow US

Mamdani’s housing brass couldn’t name single time it rejected rent hikes for NYC’s most affordable apartments

amedpost
Last updated: July 15, 2026 10:48 pm
amedpost
Published: July 15, 2026
Share
SHARE



Man-of-the-people Mayor Zohran Mamdani’s housing agency couldn’t name a single time it has ever rejected a rent increase for 42,000 of the Big Apple’s most affordable apartments — as tenants at a Bronx complex now face hikes as high as 30%.

While Hizzoner’s Rent Guidelines Board delivered a freeze for approximately one million rent-stabilized apartments, his Housing Preservation and Development (HPD) officials admitted that it had already approved five hikes this year for the city’s middle-class Mitchell-Lama housing program.

The agency also greenlit a whopping 37 rent increases last year under former Mayor Eric Adams.

Officials at Mayor Mamdani’s Housing Preservation and Development couldn’t name an instance where it rejected rent hikes for apartments in the city’s Mitchell-Lama housing program. James Keivom for NY Post

The 1950s-era statewide program provides privately owned rental and co-op housing for moderate- and middle-income families that is overseen by HPD in the Big Apple.

Unlike rent-stabilized apartments, Mitchell-Lama units have no cap on how much rent can rise.

“I don’t have that knowledge off the top of my head,” HPD Deputy Commissioner Adam Phillips said when pressed on whether the agency had ever flat-out rejected a hike.

The commissioner attempted to downplay the rent bumps by arguing that HPD had, at times, “modified” the increases by finding ways to cut a building’s expenses. 

As The Post previously reported, tenants at the Bronx-based Tracey Towers Mitchell-Lama complex were blindsided by the proposal to raise their rents by over 30% over the next four years.

Rent would hike 15% next year for Tracey Towers tenants, who pay an average of $1,344 for a 1-bedroom and $1,680 for a 2-bedroom apartment.

HPD said they are powerless due to state law, which requires the building to remain solvent or risk foreclosure.

Tracey is over three years behind on its mortgage, and according to HPD’s testimony, the wider Mitchell-Lama portfolio is $47.5 million in overdue property taxes.

Residents at the Tracey Towers buildings in The Bronx may see a rent hike of over 30% over the next four years. Wikimedia

But HPD also couldn’t cough up basic answers about the finances of the Mitchell-Lama program during the fiery hearing.

“That is basic information,” Speaker Julie Menin (D-Manhattan) snapped after officials admitted they did not have a citywide financial review of the program — despite the council requesting it three weeks earlier.


Follow live updates on Mayor Zohran Mamdani’s socialist agenda and the latest in NYC politics


Later, Bronx Councilman Eric Dinowitz pressed HPD officials on how security costs at the affordable complexes spiked by nearly 50% in two years — ballooning to $2.8 million.

Demonstrators calling for a “rent freeze” for rent-controlled apartments at a Rent Guidelines Board meeting on June 25, 2026. Kevin C. Downs for NY Post

Philips admitted that it was “quite a large increase” and that the agency is now bringing in a management firm to explain the cost.

“You’re doing this after the rent increase was already proposed,” Dinowitz shot back.

The mayor’s office did not immediately respond to a request for comment.

Weather maps show date 25C heat roasts England – 16 hottest counties | Weather | News
Manchester synagogue attack victim Adrian Daulby pictured as family pa | UK | News
Anger as Labour council imposes de facto ban on fishing at local lake. | Politics | News
I talked to Chris Lake. He told us why you need to see him in Brooklyn
Experts ‘discover’ stunning UK seaside village with secret beach | UK | Travel

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

© AMED POST Design Company. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?