New York City’s Rent Guidelines Board has voted to freeze rents for nearly one million rent-stabilized apartments. The board approved a two-year rent-freeze proposal put forward by Mayor Zohran Mamdani.
The measure was a key campaign pledge that the Democratic mayor made ahead of his election last November. By securing this freeze, Mamdani has delivered on a central promise that helped launch him to City Hall.
The vote was carried out by a city board packed with Mamdani appointees. This decision marks a major political victory for the mayor only months into his term.