New Yorkers have rent stabilization on the brain.
It’s dominated headlines since the race for the city’s next mayor kicked off last year, and Zohran Mamdani cemented freezing rents at these properties as a core tenet of his campaign ahead of his shock upset to clinch the Democratic primary.
More New Yorkers are starting to wrap their heads around stabilization — a concept many outsiders long confused with ever-elusive rent-controlled units, a la Monica Geller’s massive Greenwich Village apartment in “Friends” — and more are on the hunt to secure their own piece of the pie…