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Mamdani’s old Astoria apartment just got a 35% rent hike, and the broker admits they were trying to ‘max out’ the price before his rent freeze kicked in

Mayor Zohran Mamdani’s former rent-stabilized Astoria apartment saw a 35% rent hike after he moved out, with the landlord renovating and leasing privately to maximize income before the city’s rent freeze took effect.

Mamdani’s old Astoria apartment just got a 35% rent hike, and the broker admits they were trying to ‘max out’ the price before his rent freeze kicked in

Mayor Zohran Mamdani’s former rent-stabilized Astoria apartment saw a 35% rent hike after he moved out, with the landlord renovating and leasing privately to maximize income before the city’s rent freeze took effect.

The landlord of Mayor Zohran Mamdani’s former Astoria apartment raised the rent 35% after he moved out earlier this year, renovating the kitchen, retiling the bathroom, installing new appliances, and repainting the unit to push the monthly price from $2,300 to $3,100, according to reporting by the New York Post.

The unit, in Astoria’s Princess Martha building, remains rent-stabilized at the new price. The rent freeze Mamdani’s Rent Guidelines Board approved last week applies only to renewal leases for…

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Filed underAstoria / NYC Rent Freeze / Princess Martha building / Queens / Rent Hike / Rent Stabilization / Zohran Mamdani

Bushwick Daily News Desk. Neighborhood news, politics, real estate, and business coverage produced by the Bushwick Daily newsroom.

Produced by Bushwick Daily News Desk

Neighborhood news, politics, real estate, and business coverage produced by the Bushwick Daily newsroom.

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