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Assemblywoman Nicole Malliotakis’ Statement on Rising Rents and NYC’s Affordability

by Malliotakis on | Nicole Malliotakis

“Mayor de Blasio ran on a platform that promised to lift people out of poverty and make New York City more affordable. A new study by StreetEasy.com shows that New York City is LESS affordable and the tale of two cities has only worsened during the mayor’s first term. Bill de Blasio’s reliance on increasing the property tax levy 28% as well as double digit increases in water bills has made it increasingly difficult for property owners and renters to keep up. These are the types of taxes and fees that are passed directly on to renters. Bill de Blasio has actively lobbied against imposition of a property tax cap that would limit these increases.

“As Mayor, I will continue to fight for the tax cap proposed in Albany, that will protect property owners and tenants alike. The bottom line is hardworking New Yorkers can’t afford another four years of Bill de Blasio as mayor.”

View the StreetEasy study.

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