Mamdani proposes city-backed insurance program to cut costs for some NYC landlords

While Mayor Zohran Mamdani’s administration has so far focused on affordability for renters, the mayor announced a plan to help landlords on Thursday. A new program managed by the city will reduce the cost of property and liability insurance for affordable and rent-stabilized housing. As the New York Times reported, the proposal is seen as [...] The post Mamdani proposes city-backed insurance program to cut costs for some NYC landlords first appeared on 6sqft.