New York City's Rent Guidelines Board provisionally approved a rent freeze for rent-stabilized apartments Friday, fulfilling Mayor Mamdani's campaign promise.
4:03 PM
New York City's Rent Guidelines Board provisionally voted Friday to freeze rent on stabilized apartments, delivering on a key campaign pledge by Mayor Mamdani.
The board's decision came after a public hearing where tenants testified about their housing situations. Moreom Perven, a resident of a rent-stabilized apartment, attended the hearing and spoke about repairs needed in her bathroom ahead of the vote.
The provisional vote marks a significant moment in the city's ongoing housing affordability debate. Mamdani had made the rent freeze a centerpiece of his mayoral platform, and the board's action represents the fulfillment of that commitment.
The Rent Guidelines Board, which sets annual rent increases for the city's approximately one million rent-stabilized apartments, held the public hearing on May 7 before taking the provisional vote. The board's decision will now move toward final approval.
Tenants and housing advocates have long sought rent freezes as a means to address affordability pressures in the city. The vote reflects the board's response to those concerns and to the mayor's stated policy direction.
The provisional nature of the vote means the board may still make adjustments before issuing a final decision, though the freeze has now been approved in principle.
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