“Two of Mamdani’s executive orders directly address that latter goal. One creates a Streamlining Procedures to Expedite Equitable Development (SPEED) task force dedicated to identifying and removing bureaucratic barriers to new housing construction and leasing.
The second creates the Land Inventory Fast Track (LIFT) task force that will identify city land that can be used for housing construction.
Both are fine ideas. They’re also not exactly novel.
Mamdani’s predecessor, Eric Adams, likewise convened task forces to speed up the city’s permitting process and to identify city-owned land that could be used for housing.
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Perhaps a Mamdani administration will be able to squeeze more juice out of new task forces.
But as the Manhattan Institute’s Eric Kober details in a new report, substantially increasing new supply will require more comprehensive legislative changes to city zoning and permitting laws.
The end goal of those reforms, like many of the zoning reforms the City Council passed under the Adams administration, is to induce private developers to add more units to the housing-starved city.
Several of Mamdani’s other initial housing moves may well make them less likely to do that.
On his first day in office, Mamdani appointed Cea Weaver, a tenant activist and one of his campaign advisers, to lead the city’s Office to Protect Tenants.
A few days later, the New York Post reported on Weaver’s long history of hard-left social media commentary. She’s called for seizing private property and derided homeownership as a “weapon of white supremacy.”
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In addition to appointing Weaver, Mamdani has directed city agencies to host a series of “rent ripoff” hearings, in which tenants will be given a public forum to complain about conditions in their buildings.
Mamdani, beginning his administration by appointing communists and scheduling housing struggle sessions designed to demonize landlords, might not be the most surprising development. It’s not entirely unprecedented either. Former Mayor Bill de Blasio liked to talk about seizing private property from time to time.
It’s nevertheless worrisome for anyone who does care about private property protections. It’s also maddeningly hypocritical.
Weaver was a primary proponent of New York’s 2019 rent stabilization law that made it much more difficult for landlords to fund maintenance and building improvements through higher rents.
As recent lawsuits and reports have highlighted, the result has been declining housing quality and a growing number of units sitting empty because their owners cannot finance needed, often city-mandated repairs.
Neither Mamdani nor Weaver can expropriate private housing all by themselves. The U.S. Constitution provides some protection against that. They can, however, scapegoat landlords for problems that are caused by overbearing regulation.
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Housing production has plummeted in Montgomery County, Maryland, which borders Washington, D.C., following the implementation of a local rent control ordinance.
In 2023, the county council approved a rent control policy that caps annual rent increases at the lesser of inflation plus 3 percent or 6 percent.
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multifamily housing permits have fallen by some 96 percent since the implementation of rent control. County planning officials report that the multifamily projects that are getting permitted are generally for-sale units.”
https://reason.com/2026/01/06/the-contradictions-of-supply-side-socialism