The company Summit says it will waive unpaid rent in its new building portfolio as long as tenants resume making payments.
Landlord targeted by Mamdani agrees to forgive back rent in 5,100 apartments
By David Brand
Published Jun 9, 2026 at 8:01 a.m. ET
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Michael Appleton/Mayoral Photography Office
Thousands of NYC tenants no longer owe back rent after Mayor Mamdani targets landlord. Summit Properties forgives rent in victory…
The New York City Mayor called the decision “a historic victory for New York City tenants.”
A city board packed with Mamdani appointees voted in favor of the Mayor’s key campaign promise.
New York City Mayor Zohran Mamdani promised a rent freeze for people living in 1 million apartments if he got elected
New York City Mayor Zohran Mamdani promised a rent freeze for people living in 1 million apartments if he got elected
New York City's rental board has approved Mayor Zohran Mamdani's two-year rent-freeze proposal for nearly 1 million…
