Mamdani announces $2.1M settlement with major landlord as tenants describe 'nightmare' conditions
Fox News
New York City's settlement with A&E Real Estate for $2.1 million covers 14 buildings across three boroughs, with Mayor Zohran Mamdani announcing an agreement forcing repairs of 4,000 violations.
Jasmine Baehr is a Breaking News Writer for Fox News Digital, where she covers politics, the military, faith and culture.
Asked during the news conference how aggressive the new administration plans to be with landlords, Mamdani said, "We want to make it clear to everyone in this city that no one is above the law and that if you are a landlord violating the law, then this administration will hold you to account."
Mamdani said the settlement requires A&E to pay "$2.1 million in restitution" and includes "injunctions preventing them from harassing their tenants" while compelling the company "to correct more than 4,000 building code violations across these 14 buildings."
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