Op-ed: Mamdani’s rent freeze proposal should worry New Yorkers – but not for the reason you may think
October 7, 2025 – Crain's New York BusinessHerrick partner, Scott E. Mollen, authored an op-ed article for Crain's New York Business discussing what Zohran Mamdani's rent freeze proposal could mean for New York City's real estate industry and economy.
In the article, Scott explains that "industry experts have cited the financial infeasibility and long-term negative impacts of enacting a rent freeze. To do so would accelerate the deterioration of housing, discourage investment in additional housing in New York City, and ultimately hurt both landlords and tenants."
Read the full article in Crain's New York Business here. Access may require a subscription.