Trump says NYC rent freeze will turn buildings into ghettos and slums [rLKMLWZ6PAW]

Health Updated on August 11, 2026 EDT — Published on August 11, 2026 EDT

President Trump rebuked NYC Mayor Mamdani and the Rent Guidelines Board's rent freeze Friday, saying the move will turn swaths of the city into "ghettos and slums." CBS News New York political reporter Marcia Kramer has the story. For video licensing inquiries, contact: [email protected]