How New Yorks Tenants Won
News Source : The New York Review of Books
News Summary
- Ferdousi Begum and Parveg Hasan canvased in support of Zohran Mamdani’s mayoral campaign.
- They got involved in tenant organizing four years ago, after Begum came across a meeting of the Astoria Tenants Union.
- Over decades a historic amount of capital has flowed into investments in residential and commercial properties around the world.
- A complex system of real estate institutions emerged to protect and increase that flow, from real trusts to private equity firms.
- New York City developers “contributed $83 million to state assembly and senate campaigns, more than any other economic group,” writes Michael Greenberg.
The night before the New York City municipal primary, the air was sticky with heat and Ferdousi Begum was too tense to sleep. For the past six months, Beguma sixtynineyearold Bengali immigrant li [+29133 chars]
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