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Despite Mayor Zohran Mamdani’s “rent freeze,” the costs for New York apartments continues to soar — except it’s not really “despite” at all: His policies either don’t touch the problems, or make them worse.

The average rent of an open Manhattan unit just hit an eye-watering $6,655 a month, report industry pros, a 10% jump from last year.

An average studio is now going for more than four grand;  

One major reason: Rent regulation insulates 1 million apartments more than one quarter of the entire city’s housing stock from market pricing.

Those tenants rarely leave, making open units more scarce, and so forcing up prices for the 1 million market-rate apartments.

And the rent freeze (which actually benefits higher-income folks more that lower earners) only makes things worse.

Plus, when a longtime rent-stabilized tenant finally moves out, 2019 state “reforms” make it unaffordable for landlords to bring the unit up to code, so even vacated apartments can’t get offered to new tenants.

All of this makes the city’s “rent inequities” even worse, with would-be newcomers facing the most ridiculous rents while the “haves” already here get an ever-better break.

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An intense ideological conflict is dividing the Democratic Party as moderate leaders clash with the left wing over the radical "Workers Deserve More" platform released by the Democratic Socialists of America (DSA) in July 2026.  

 The DSA's "Workers Deserve More" platform proposes drafting a new U.S. Constitution that abolishes the Senate and replaces the presidency and Supreme Court with leaders chosen by Congress. 
The platform calls for abolishing national borders, defunding the Pentagon, eliminating most prisons, and shifting large corporations into government ownership 
 It promises guaranteed public housing, zero consumer debt, and universal healthcare as basic human rights. 
Moderate and establishment Democrats warn that the socialist agenda is electorally toxic and contains losing messages for general elections outside deep-progressive strongholds. 
  Figures like Rep. Tom Suozzi (D-N.Y.) and former Obama chief of staff Rahm Emanuel have publicly urged the party to reject the DSA, comparing the socialist faction's disruptive nature to the right-wing House Freedom Caucus.  
  Prominent progressive and democratic-leaning lawmakers have declined to endorse the controversial platform, and several high-profile progressive members have let their formal DSA memberships lapse. 

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