A magazine reporter stumped Mayor-elect Zohran Mamdani and his closest advisers with a question about lowering the cost of living in the Big Apple.<\/p>\n
Mamdani and his crew didn\u2019t have an answer when a New York Magazine<\/a> writer asked for a comparable city as the democratic socialist waxed poetic about his lofty \u201cprinciple\u201d of bringing down the cost of living in the five boroughs.<\/p>\n Mayor-elect Zohran Mamdani was stumped by a reporter on how to lower NYC\u2019s cost of living. Paul Martinka for NY Post<\/p>\n A New York Magazine writer asked Mamdani for a comparable city, but none came to mind. James Keivom for NY Post<\/p>\n \u201cI asked him and some of his advisers if there were cities that had pulled this off that New York could emulate, places that had managed to meaningfully lower the cost of living. None sprang to mind,\u201d the article stated.<\/p>\n \u201cTalk to policy experts, and they find the prospect laughable; the only cities where this has happened are ones where the quality of life dropped so dramatically that no one wanted to live there anymore.\u201d<\/p>\n A number of Mamdani\u2019s freebie-filled policies <\/a>aimed at lowering costs could actually raise costs, critics have said.<\/p>\n Mamdani\u2019s signature rent-freeze policy could make physical conditions worse for rent-stabilized tenants and force landlords to increase costs for tenants in units that aren\u2019t under rent-control restrictions, The Post previously reported.\u00a0<\/a><\/p>\n Incoming CEO Steven Fulop slammed Mamdani\u2019s tax hike plan as \u2018absolute suicide\u2019 for NYC. AP<\/p>\n