Janaki Chadha

New York

Real Estate Reporter, New York Pro at POLITICO

Covering housing/real estate @PoliticoNY. Reach me at [email protected]

Articles

Will AOC flex?

1 day ago | politico.com | Jeff Coltin |Nick Reisman |Joe Anuta |Janaki Chadha |Emily Ngo

Now that Rep. Alexandria Ocasio-Cortez has announced her mayoral endorsements, politicos wonder whether she'll show up on the trail. | Getty Images When Rep. Alexandria Ocasio-Cortez first campaigned against Andrew Cuomo in 2018, she had just blasted into political fame while he was near the height of his power. AOC’s star power has only grown, and now she’s lending it to a new cause: blocking Cuomo’s comeback attempt to become mayor of New York City.
Cuomo was against raising the minimum wage before he was for it

1 week ago | politico.com | Jason Beeferman |Janaki Chadha |Nick Reisman

Mayoral front-runner Andrew Cuomo did not support indexing the minimum wage to inflation as governor. | Richard Drew/AP MINIMUM RAGE: Mayoral front-runner Andrew Cuomo rallied with several unions today to announce his plan to push for a $20 minimum wage by 2027 — citing his success as governor in raising the state’s minimum wage to $15 per hour in 2016.
CUOMO REAL ESTATE

3 weeks ago | politico.com | Janaki Chadha |Nick Reisman |Emily Ngo |Jeff Coltin

With help from Cris Seda Chabrier The real estate industry has coalesced around former Gov. Andrew Cuomo's mayoral bid. | KENA BETANCUR/AFP/Getty Images As governor, Andrew Cuomo enacted rent laws anathema to New York City’s real estate titans and held up their favored tax break for more than a year. He recently hired one of their antagonists to his mayoral campaign. Yet the well-heeled industry is coalescing around his bid for mayor. The reason? His perceived inevitability.
Real estate titans 'hold their nose' and get behind Cuomo with big money

3 weeks ago | yahoo.com | Janaki Chadha

NEW YORK — As governor, Andrew Cuomo enacted rent laws anathema to New York City’s real estate titans and held up their favored tax break for more than a year. He recently hired one of their antagonists to his mayoral campaign. Yet the well-heeled industry is coalescing around his bid for mayor. The reason has to do with perceived inevitability, despite the rocky history: Cuomo is the overwhelming favorite in the Democratic primary to unseat Mayor Eric Adams.
Democrats vying for mayor are warming to rent freeze - at least for this year

1 month ago | politico.com | Janaki Chadha

Their backing comes amid a campaign by tenant groups to reach voters who live in rent-stabilized housing, in the hope of motivating them to back mayoral candidates who will appoint a tenant-friendly rent board once in office. Voters head to the polls June 24 for the city’s closed partisan primaries. The candidates have no power over the existing board, which serves under Mayor Eric Adams and is expected to reach a decision in June.
Cuomo’s REAL estate feelings

1 month ago | politico.com | Jeff Coltin |Janaki Chadha |Nick Reisman |Emily Ngo

With help from Cris Seda ChabrierAndrew Cuomo has a harsh assessment of the state’s multi-family housing tax break — the one that came after his tenure as governor, of course. “485-x doesn’t work,” he said in an interview with Playbook Sunday, after his mayoral campaign released its housing plan. It mirrors frustrations from the city’s top developers, who pushed for a new rental housing tax break for years, only to be disappointed by the version they got in Albany last spring.
Build, baby, build

2 months ago | politico.com | Janaki Chadha |Joe Anuta |Bill Mahoney |Jeff Coltin |Nick Reisman |Emily Ngo

With help from Cris Seda Chabrier Mayoral candidates want to implement looser restrictions on apartment construction to meet demand. The city has a 1.4 percent rental vacancy rate. | Drew Angerer/Getty Images New York City has a mammoth housing crisis — and nearly every candidate vying to oust Mayor Eric Adams agrees that City Hall must loosen restrictions on building apartments to meet demand. City Comptroller Brad Lander is calling for 500,000 new homes of all kinds over 10 years.
New York City mayoral candidates embrace development amid housing crisis

2 months ago | politico.com | Janaki Chadha

“I don’t remember another campaign where candidates were looking to match or even leapfrog one another in terms of the amount of housing they think should be built here,” said Howard Slatkin, executive director of the Citizens Housing & Planning Council.
What Cuomo told REBNY

2 months ago | politico.com | Janaki Chadha |Jeff Coltin |Nick Reisman |Emily Ngo

With help from Cris Seda Chabrier Frontrunner Andrew Cuomo is expressing regrets over rent laws he passed as governor. | Kena Betancur/AFP via Getty Images NEW YORK MINUTE: It’s Election Day in southern Brooklyn, where state Sen. Simcha Felder is facing off against permit expediter and perennial candidate Heshy Tischler for the City Council seat that Kalman Yeger vacated to join the Assembly.
Now a mayoral candidate, Cuomo distances himself from rent reforms he signed into law

2 months ago | politico.com | Janaki Chadha |Sally Goldenberg

The former governor expressed regret over certain elements of the 2019 package in a meeting with the Real Estate Board of New York. New York City mayoral candidate Andrew Cuomo speaks at a luncheon on March 10, 2025, in New York City. | David Dee Delgado/Getty Images NEW YORK — Andrew Cuomo privately expressed regret to a receptive audience about elements of rent reforms he approved as governor, two people familiar with his remarks told POLITICO.