A New York City housing board voted on Thursday to freeze the rents for about one million regulated flats for up to two years, fulfilling a central campaign promise of Mayor Zohran Mamdani only months into his term.<\/p>\n
The 7-1 vote by the city\u2019s Rent Guidelines Board set increases at zero on both one-year and two-year leases from October. Hundreds \u200cof tenants who crowded into a Manhattan museum auditorium cheered and blew whistles at the result.<\/p>\n
\u201cThis is a historic victory for New York City tenants,\u201d Mamdani said in a statement. \u201cThis is the relief that working people across our city deserve.\u201d<\/p>\n
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 flats, home to about a quarter of New Yorkers. The board weighs factors including wages, inflation, maintenance costs, taxes and landlords\u2019 incomes.<\/p>\n
The average monthly rent for a regulated flat was US$1,599, \u2060according to the board\u2019s 2025 study, in a city where the median rent for a newly leased flat is US$3,950, according to listings agency StreetEasy.<\/p>\n
Mamdani, a \u200cdemocratic socialist who has promised to make the city more affordable, has appointed six of the board\u2019s nine members since he took office in January, choosing people he believes are sympathetic to tenants.<\/p>\n","protected":false},"excerpt":{"rendered":"A New York City housing board voted on Thursday to freeze the rents for about one million regulated…\n","protected":false},"author":2,"featured_media":278682,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[9894,58551,58541,651,2954,58552,75,9,24,55,54,107111,56,122,6205,15021,44108,85788,82],"class_list":["post-278681","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-bill-de-blasio","tag-chantella-mitchell","tag-christina-smyth","tag-democratic-party","tag-landlords","tag-maksim-wynn","tag-manhattan","tag-new-york","tag-new-york-city","tag-new-york-city-headlines","tag-new-york-city-news","tag-new-york-city-tenants","tag-ny","tag-queens","tag-rent-freeze","tag-rent-guidelines-board","tag-streeteasy","tag-us-congress","tag-zohran-mamdani"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/278681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=278681"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/278681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/278682"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=278681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=278681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=278681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}