Board paves way for rent freeze as advocates push for money back
Mayor Zohran Mamdani’s rent freeze is coming in for a landing. New York’s Rent Guidelines Board voted Thursday to raise rents in regulated apartments by a range starting with zero — meaning a freeze is very much on the table. The board approved increases of 0-2 percent on one-year leases and 0-4 percent on two-year leases starting in October. The range was approved in a 7-1 vote with one member abstaining. Tenant advocates who had agitated for a rent freeze were not satisfied with the vote. Organized groups booed the result, instead suggesting the board should support a negative range […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Inside the Search: Choosing the Right Deal in Chicago With
Taka Buranda
It’s a Family Affair: Multigenerational Living Rental Can
Help Landlords Boost Income While Offering Tenants
Affordability
PolicyPro: J-51 reboot flops for rent-regulated landlords,
boosts co-ops and condos
Hotel union deal puts cleaners on track for $100K
salaries
Mamdani targets Brooklyn corridors for major housing
push 
Saunders partners with Premier Estate Properties to link
ultralux markets
RealPage rent-fixing settlements pass $200M (and
counting)
Record High Mortgage Debt Sounds Scary. Here’s What the
Headlines Leave Out.
Richard Born dumps Chambers Hotel for $66M
NYC’s top deals: Benchmark scoops up $42M apartment complex
on UWS
