New York City freezes rents for one million regulated apartments
- New York City’s rent freeze fulfills a key campaign promise from Mayor Zohran MamdaniNew York City has passed a rent freeze for roughly one million regulated apartments, delivering on a signature campaign promise for Mayor Zohran Mamdani.
- The 7-1 vote was handed down by the city’s Rent Guidelines Board on Thursday.
- The decision will freeze rent increases on one- and two-year leases on rent-stabilised apartments.
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- New York City’s rent freeze fulfills a key campaign promise from Mayor Zohran MamdaniNew York City has passed a rent freeze for roughly one million regulated apartments, delivering on a signature campaign promise for Mayor Zohran Mamdani.
- The 7-1 vote was handed down by the city’s Rent Guidelines Board on Thursday.
- The decision will freeze rent increases on one- and two-year leases on rent-stabilised apartments.
Sources: Al Jazeera