We're on our way to "you will own nothing and be happy". Its "warm collectivism" according to Mamdani. He didn't have a good day in court, however. Mamdani thought it would be easy to just come in and take over.

"US court rejects Mamdani's attempt to block real-estate deal involving Israeli-owned company

The deal is valued at $451 million and includes more than 5,000 apartments across 90 buildings, most of them subject to rent regulation."

https://www.jpost.com/real-estate/article-883005