Zohran Mamdani's first big move to help renters is dealt a blow by court

In a monumental shift within Brooklyn's real estate landscape, Summit Properties USA is on the brink of acquiring more than 90 apartment complexes, a deal that follows the recent bankruptcy of Pinnacle Group. While city officials are expressing doubts regarding Summit's capability to uphold property standards, tenants are left in a state of anxiety over potential declines in living conditions.