New York City freezes rents for one million apartments in Mayor Mamdani victory
Hundreds of tenants who crowded into a Manhattan museum auditorium cheered and blew whistles at the result.“This is a historic victory for New York City tenants,” Mamdani said in a statement. “This is the relief that working people across our city deserve.”The vote was the culmination of a weeks-long, noisy annual ritual that determines how much landlords can increase what they charge for rent-stabilised apartments, home to about a quarter of New Yorkers. In resigning, Christina Smyth, an appointee of Mamdani’s predecessor and one of two landlord representatives on the board, said the outcome had been predetermined by the mayor.“The rebuilt board was required to deliver a rent freeze,” she said.
- ▪Hundreds of tenants who crowded into a Manhattan museum auditorium cheered and blew whistles at the result.“This is a historic victory for New York City tenants,” Mamdani said in a statement.
- ▪“This is the relief that working people across our city deserve.”The vote was the culmination of a weeks-long, noisy annual ritual that determines how much landlords can increase what they charge for rent-stabilised apartments, home to abou
- ▪In resigning, Christina Smyth, an appointee of Mamdani’s predecessor and one of two landlord representatives on the board, said the outcome had been predetermined by the mayor.“The rebuilt board was required to deliver a rent freeze,” she s
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New York City freezes rents for one million apartments in Mayor Mamdani victorySign up now: Get ST's newsletters delivered to your inboxHundreds of tenants who crowded into a Manhattan museum auditorium cheered and blew whistles at the result. PHOTO: REUTERSPublished Jun 26, 2026, 09:36 AMUpdated Jun 26, 2026, 09:36 AMSet as preferred sourceNEW YORK - A New York City housing board voted on June 25 to freeze the rents for about one million regulated apartments for up to two years, fulfilling a central campaign promise of Mayor Zohran Mamdani only months into his term.The 7-1 vote by the city’s Rent Guidelines Board set increases at zero on both one-year and two-year leases from October.
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