New York City freezes rents for one million regulated apartments

New York City’s rent freeze fulfills a key campaign promise from Mayor Zohran Mamdani

New York City has passed a rent freeze for roughly one million regulated apartments, delivering on a signature campaign promise for Mayor Zohran Mamdani.

The 7-1 vote was handed down by the city’s Rent Guidelines Board on Thursday. The decision will freeze rent increases on one- and tw...