Rental Market

Mamdani proposes city-backed insurance program to cut costs for some NYC landlords

6sqftby Aaron GinsburgApril 16, 2026

While Mayor Zohran Mamdani’s administration has so far focused on affordability for renters, the mayor announced a plan to help landlords on Thursday. A new program managed by the city will reduce the cost of property and liability insurance for affordable and rent-stabilized housing. As the N

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