ALBANY – NYGOP Chair Ed Cox released the following statement in response to the New York City Council’s plan that would drive up the cost of housing in New York City:

“The City Council’s scheme to give politically connected nonprofits first dibs on distressed buildings will choke investment, delay sales for months, and shrink the housing supply. That means higher costs and fewer options for renters.

“The radical housing agenda, coupled with Zohran Mamdani’s rent freeze, is a one-two punch that will make housing scarcer and more expensive.

“Make no mistake about it: Kathy Hochul enabled this madness and owns everything Zohran Mamdani does. New Yorkers will remember next November that she bent the knee to socialist radicals as they drove up the cost of housing.”

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