New York City’s Rent Guidelines Board on Thursday approved Mayor Zohran Mamdani’s (D) two-year rent freeze proposal for 1 million rent-stabilized apartments. The 7-1 decision by the independent board, consisting of mayoral appointees, applies to rent-stabilized apartments in buildings constructed before 1974 and buildings with certain tax breaks. The rent freeze goes into effect starting Oct.…
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Mamdani’s rent freeze passes for 1 million units
The Hill
June 26, 2026 at 2:25 AM
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New York City’s Rent Guidelines Board on Thursday approved Mayor Zohran Mamdani’s (D) two-year rent freeze proposal for 1 million rent-stabilized apartments. The 7-1 decision by the independent board, consisting of mayoral appointees, applies to rent-stabilized apartments in buildings constructed before 1974 and buildings with certain tax breaks. The rent freeze goes into effect starting Oct.…