The Rent Guidelines Board is poised to vote on potential rent increases for New York City's rent-stabilized apartments for the first time under Mayor Zohran Mamdani, who advocates for a rent freeze amidst a housing affordability crisis, with a preliminary vote to be held soon and a final vote scheduled for June 25. #RentControl #HousingCrisis #NewYorkCity #US
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Will New York Freeze the Rent? A Panel Will Cast Its First Vote.
The panel that regulates rents for nearly one million apartments is set to weigh in on potential increases for the first time since Mayor Zohran Mamdani took office.