New York City Freezes Rent for 1 Million Apartments | Mayor Mamdani Achieves Key Campaign Promise
A New York City housing board has voted on Thursday to freeze the rents for about one million regulated apartments for up to two years
A New York City housing board has voted on Thursday to freeze the rents for about one million regulated apartments for up to two years. This fulfills a central campaign promise of Mayor Zohran Mamdani only months into his term. The city's Rent Guidelines Board has set increases at zero on both one-year and two-year leases from October.
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