Hours after taking office, NYC Mayor Mamdani targets landlords, moves to intervene in private bankruptcy case

Sworn in at midnight and again hours later publicly, New York City Mayor Zohran Mamdani used his first day in office Thursday to hit the ground running with new executive orders targeting city landlords and housing development. And he said the city will take what he called "precedent-setting action" to intervene in a private landlord bankruptcy case he said was tied to 93 buildings.

"Today is the start of a new era for New York City," Mamdani said. "It is inauguration day. It is also the...