Cuomo's Rent Control Plan Targets Wealthy Tenants | JQJO

Andrew Cuomo proposed a new state law, dubbed "Zohran's Law," to restrict high-income earners from occupying rent-stabilized apartments. The proposal, seemingly targeting his Democratic opponent Zohran Mamdani, would cap income for new tenants in vacant units. Landlords and tenant advocates expressed mixed reactions; some landlords support income limits, while others prioritize addressing financial issues within the rent-stabilized system. Tenant advocates strongly oppose the measure, citing potential bureaucratic hurdles and reduced housing access. The proposal's feasibility remains uncertain, given limited support from Albany lawmakers.