Skip to content
24/7NewsPaper
Back to feed
Gothamist — New Yorkgothamist.com

Will Mayor Mamdani get his rent freeze? What to know about Thursday's vote. (opens original article in a new tab)

TL;DR

Mayor Zohran Mamdani's Rent Guidelines Board will decide on a potential two-year rent freeze for 1 million rent-stabilized apartments, with considerations for possible increases up to 2% and 4% on different lease terms.

  • Mayor Zohran Mamdani's Rent Guidelines Board is considering a two-year rent freeze for 1 million rent-stabilized apartments.
  • The board will decide on potential rent increases up to 2% for one-year leases and 4% for two-year leases.
  • Tenants like Farhana Rahman face significant financial strain with rent consuming 60% of their income.

Conversation

No comments yet

Threaded discussion is coming next — this is where the community conversation about this story will live.