Mamdani’s rent freeze is bankrupting buildings and emptying apartments.
After his stacked board froze rents on a million units, owner costs rose 5.3% while legal rents rose zero and 9.2% of stabilized buildings already lose money.
Pinnacle’s 5,100 units hit bankruptcy court and sold for $451 million after the administration fought the sale.
When a vacant unit needs $100,000 in repairs but is capped at $710 a month, fixing it loses money so it stays empty.
Assar Lindbeck warned in 1972 that rent control destroys a city more efficiently than bombing. Politicians price the rent below what the boiler and roof cost, then accuse the landlord of being greedy when the building falls apart.
Len retweeted
2008. Bernie Sanders: Free trade without tariffs will destroy American manufacturing.
Bernie was right. Our politicians sold out this country. China looted us.
Now Bernie and the rest tell us that tariffs are the problem. Apparently we are supposed to just accept our demise.
Why i dont eat farmed fish. Look how packed they are there in such a small pool with so little water that does not look clean. They swim in and eat the waste from other fish and are prone to disease and a diet that is not close to natural - when he even remembers to feed them
A man owns a fish farm and forgot to feed them for two days. When he started putting food in for them, this is what happened….😱😱😱
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Len retweeted
Can America keep its shit together for one damn day.
"Not A Hoax!": Bomb Defused At Ethanol Plant In Illinois zerohedge.com/markets/attemp…
Len retweeted
Who didn’t see this coming? Let’s not kid ourselves, the @MTA is so corrupt and mismanaged that even with $1B coming in from the Congestion Pricing tax, it will never be enough until there’s actual reform and Janno Lieber is fired.
1 in 5 NYC transit riders say they can't afford fares as MTA plans another hike trib.al/i03TMJO
Len retweeted
Floating bus stops prevent vulnerable older and disabled people from using public transport, Transport for London (TfL) has admitted.
Numerous charities representing blind and disabled people claim that because many cyclists fail to give way at zebra crossings on the bike lanes, that vulnerable people simply avoid using such bus stops.
🔗:telegraph.co.uk/news/2026/11…
Len retweeted
Businesses have killed the golden goose by trying to get tips when a robot is performing the transaction! What is the point?!
that said the MTA should not raise fares or tolls - they need a complete audit of expenses and need to reduce operating costs and capital cost significantly with no change in service. Then we need to tie any fare increase to service improvements only.
ok lets stop the BS from our mayor:
1) 1.3 Million people in NYC qualify for fair fares, 50% subsidy
2) k-12th grade students ride free
3) college students get 50% off
4) low income college students free
5) over 65 get 50% subsidized
I think we have this covered - stop the BS
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ok lets stop the BS from our mayor:
1) 1.3 Million people in NYC qualify for fair fares, 50% subsidy
2) k-12th grade students ride free
3) college students get 50% off
4) low income college students free
5) over 65 get 50% subsidized
I think we have this covered - stop the BS
1 in 5 NYC transit riders say they can't afford fares as MTA plans another hike trib.al/hDHepiF
Len retweeted
You know what’s scary with this building stuff, is that there’s been a bunch of collapsing building reports the last couple of years @NYCMayor
here is how (not medicare for all)
1) medicare age 60
2) all insurance sold via exchanges and national plans (no employment based plans)
3) pre-existing all covered
4) subsidy below poverty line or spending over 20% of income
5) no networks, min reimbursement of 150% of medicare
I asked @jonstewart: How do we reform a cruel and broken healthcare system?
Here's what we had to say.
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yes this is a policy and management failure - over years. NYS spends over $1.2 billion for DoB & HPD alone over $1,200 per building - enough to spend a 2 day inspection every building per yr. They are responsible for code enforcement and violations - buildings pay for repairs.
We need action, not crying in the rain. Every building should be checked now after this 🤷🏽♂️ like EVERY SINGULAR PROJECT AND PROPERTY NEEDS TO BE ADDRESSED
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Replying to @hernandezforny @ZohranKMamdani
it is easy to look good when selling out the future and young people - very sad and totally irresponsible.



























