The main opposition would be the hardworking people who are struggling to keep a roof over their family’s heads and would be homeless. One point one million apartments, equals at least two million people. How is NYC supposed to handle that? I’m sure you don’t live here.
I used to live in NYC. Your thought is that elimination of rent control would mainly impact working-class families. Mine is that it would mainly impact welfare-class housing. Lack of rent control would create an incentive for landlords to upgrade housing that is currently slum-quality to working-class/middle-class standards.