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NYC Mayor to Seize Top Ten Landlords, Target 200k Units

5/30/2026

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Summary

Story summary

Mayor Zohran Mamdani announced NYC will seize its ten worst landlords under “Block By Block”.
The “Fix the City” plan will launch inspections when tenant unions gain majority and target portfolios.
“Block By Block” aims to build and preserve 200,000 affordable units, expand ADUs, and set a $40-per-hour wage.
The city will invest $5.6 billion in the Housing Authority and broaden its authority.

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Story summary

Mayor Zohran Mamdani announced NYC will seize its ten worst landlords under “Block By Block”.
The “Fix the City” plan will launch inspections when tenant unions gain majority and target portfolios.
“Block By Block” aims to build and preserve 200,000 affordable units, expand ADUs, and set a $40-per-hour wage.
The city will invest $5.6 billion in the Housing Authority and broaden its authority.