{"id":303795,"date":"2025-10-14T22:48:08","date_gmt":"2025-10-14T22:48:08","guid":{"rendered":"https:\/\/www.europesays.com\/us\/303795\/"},"modified":"2025-10-14T22:48:08","modified_gmt":"2025-10-14T22:48:08","slug":"cuomos-housing-pitch-creative-financing-not-a-rent-freeze","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/303795\/","title":{"rendered":"Cuomo\u2019s housing pitch: \u2018Creative\u2019 financing, not a rent freeze"},"content":{"rendered":"<p>Ex-Gov. Andrew Cuomo is back with a \u201cfirst 100 days\u201d plan for building and preserving affordable housing \u2013 this time, without any footnotes giving away a <a href=\"https:\/\/hellgatenyc.com\/andrew-cuomo-chatgpt-housing-plan\/\" target=\"_blank\" rel=\"nofollow noopener\">chatbot\u2019s <\/a>research assistance.<\/p>\n<p>A four-page summary handed out to reporters at a midtown press conference on Tuesday runs through several of the independent New York City mayoral candidate\u2019s proposed strategies. Cuomo called the plan the product of creative financing ideas, including bonding more money from Brookfield Place\u2019s extended ground lease at Battery Park City and expanding pension investments into affordable housing.<\/p>\n<p>Aspects of the plan, like using \u201ccarrots and sticks\u201d \u2013\u00a0or subsidies and oversight \u2013\u00a0to get landlords to bring vacant rent-stabilized units back on the market, are repeated from his housing plan released in the spring. Cuomo said Tuesday that he projects they could bring back roughly 50,000 of the vacant units for $40,000 each.\u00a0<\/p>\n<p>Altogether, Cuomo said financing actions taken within his first 100 days in office would result in 80,000 new units of affordable housing being developed or brought back on the market.<\/p>\n<p>At the press conference, Cuomo attempted to distinguish his approach from front-runner at Democratic mayoral nominee Zohran Mamdani\u2019s marquee housing platform: a rent-freeze for rent-stabilized units. \u201c\u2018Freeze the rent\u2019 is a fraud on the public,\u201d Cuomo said Tuesday, alleging that Mamdani\u2019s platform is misleading to voters who don\u2019t understand that if a rent-freeze did occur, it would only be for rent-stabilized units, which accounts for just under 1 million units of housing in the city. A spokesperson for Mamdani did not immediately respond to a request for comment.\u00a0<\/p>\n<p>The totality of Mamdani\u2019s housing plan is not just a rent freeze: he has pledged to build 200,000 new affordable homes over 10 years.<\/p>\n","protected":false},"excerpt":{"rendered":"Ex-Gov. Andrew Cuomo is back with a \u201cfirst 100 days\u201d plan for building and preserving affordable housing \u2013&hellip;\n","protected":false},"author":3,"featured_media":303796,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[18636,5229,13260,70742,7065,405,403,5226,5225,5228,5227,153,67,586,132,5230,68,2969],"class_list":{"0":"post-303795","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-2025-new-york-city-mayoral-election","9":"tag-america","10":"tag-campaigns-elections","11":"tag-heard-around-town","12":"tag-housing","13":"tag-new-york","14":"tag-new-york-city","15":"tag-newyork","16":"tag-newyorkcity","17":"tag-ny","18":"tag-nyc","19":"tag-policy","20":"tag-united-states","21":"tag-united-states-of-america","22":"tag-unitedstates","23":"tag-unitedstatesofamerica","24":"tag-us","25":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115374961770115785","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/303795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=303795"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/303795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/303796"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=303795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=303795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=303795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}