James joins fray over rent-subsidized NYC apartments

Published January 14, 2026 11:50am ET



(The Center Square) —  New York Attorney General Letitia James is throwing her political weight behind New York City Mayor Zohran Mamdani in a simmering court battle over the bankruptcy sale of more than 5,000 rent-subsidized apartments in the city. 

In a filing in the U.S. Bankruptcy Court for the Southern District of New York Tuesday, the AG’s Office of Housing Protection declared its support for the Mamdani administration’s efforts to block the $450 million sale to a new owner, Summit Gold Inc., raising major concerns about the company’s ability to manage the properties and improve conditions in the buildings. 

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