Could a legal challenge stop Mamdani’s rent freeze?

Since Mayor Zohran Mamdani’s pledge to freeze rents gained steam on the campaign trail, talk has swirled about the sweeping cap on regulated apartments triggering a legal response. Now with the Rent Guidelines Board paving the way for the policy, potential legal challenges are also becoming closer to reality.  So far, real estate groups are keeping any specifics hush-hush.   “We have obviously discussed potential legal avenues and how much that would cost,” said Jay Martin, executive vice president at the New York Apartment Association, which represents rent-stabilized landlords. “We’re still exploring all legal options.” A legal challenge could delay a […] This article originally appeared on The Real Deal. Click here to read the full story.