Mamdani administration eyes new effort to steer sale of NYC rent-stabilized apartments

Mayor Zohran Mamdani and top city officials hope to influence the sale of several dozen rent-stabilized apartment buildings in East Harlem facing foreclosure after his administration failed to slow a similar high-profile transaction in January.

Helping tenants gain more control over their housing was one of Mamdani's key campaign pledges, and he acted fast to try to make good on the promise.

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