
New York
Jan 8, 2026
Judge rejects Mamdani’s bid to pause Pinnacle auction, paves way for Summit takeover
Mayor had championed tenants’ cause and vowed to intervene
Affordable Housing is generally housing that costs one-third or less of a household’s income. In many markets some portion of that housing is stabilized to avoid rent increases over time. Other portions of a city’s affordable housing may be publicly owned or subsidized.


