
The success of the charter amendments is tied to changing attitudes within the Democratic establishment toward housing development. The governing Democratic coalition has begun to support new housing initiatives while implementing stringent rent regulations and ensuring the inclusion of below-market units. The charter reform proposals received a higher percentage of support compared to Mamdani, reflecting this new consensus despite fewer overall voters choosing to express their opinions on the amendments.
The recent political evolution has transitioned from a “Left-NIMBYism” stance—where politicians resisted new housing development to protect existing neighborhoods—to a “Left-YIMBYism” approach, recognizing the urgent need for housing supply amid low vacancy rates. This transformation, prompted by a drastic decline in rental availability post-2019 rent stabilization changes, has led to renewed policy actions that favor development and more flexibility in zoning laws, including the reinstatement of the One45 housing project in Harlem.
While these reforms represent progress in addressing the housing crisis, the measures implemented so far may not fully resolve issues of affordability. They lean heavily on a framework of regulations that could limit the potential for unrestricted private investment in new housing. As New York City navigates this critical moment, advocates will need to continue pushing for broader reforms to achieve genuine housing affordability, reflecting a necessity for ongoing organizing and persuasion among residents and policymakers alike.