Why These Affordable Homes Face a 31% Rent Increase

Mayor Zohran Mamdani has promised relief for rent-stabilized tenants. But thousands of apartments under a separate city program are subject to increases, creating an awkward contrast.Tracey Towers in the Bronx is part of the Mitchell-Lama program, which created a decades-old bastion of middle-income and working-class housing in New York City.