New York City rental board approves Mamdani rent freeze

June 26 (UPI) — New York City’s rental board has approved Mayor Zohran Mamdani’s two-year rent-freeze proposal for nearly 1 million rent-stabilized apartments, fulfilling a major campaign promise.

New York City’s Rent Guidelines Board voted 7-1 to set a 0% increase for rent-stabilized one-year and two-year leases commencing on or

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