NYCs rent-freeze hurts landlords: Letters to the Editor July 1, 2026

Apartments represent a significant source of wealth production for their owners (“Mamdani’s Rent Surprise,” Editorial, June 27).Forcing owners of rent-controlled units to absorb inflationary costs for salaries, maintenance, fuel and insurance represents an uncompensated “taking” of owners’ equity and property value.It reduces the ability of owners to maintain properties, while increasing the probability of abandonment and foreclosure by the city.Mayor Mamdani and the rent board have the end goal of “seizing the means of production” within their grasp.William FidurskiClark, NJFor more than 30 years, I lived in New York and invested everything I could into one small rent-stabilized building.

It wasn’t an investment to become wealthy.It was the foundation that allowed me to support my family as a single mother.More than 20 years ago, I founded Save One Person, a nonprofit dedicated to helping find organ donors.

When people ask how I was able to devote my life to helping save strangers, the answer is simple: one small building.I believe in affordable housing, but why must compassion for one group come at the expense of another? Why are small property owners expected to absorb rising costs?Please don’t make people like us invisible, Mamdani.Lauren FinkelsteinSunny Isles Beach, Fla.The Post’s editorial correctly points out that the consequences of landlords not being able to recover quickly rising costs will mean “bankruptcy or forced sale to slumlords or incompetents.”Considering the mayor’s recent comments, threatening to take “aggressive legal action to remove negligent owners and property managers,” my guess is that either the city or Mamdani’s handpicked property managers will take over.It’s a calculated move for government to confiscate private property.Peter KellyHazlet, NJAs a former mortgage lending officer, I am familiar with the impact of freezing the rents.

With the frozen rent and substantial increases of operating expen...