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