Saturday, June 27, 2026

NYC enacts rent freeze on 1M stabilized units after Mamdani is accused of stacking board

The board “stopped being a fact-finding body” and was rebuilt “to deliver a rent freeze” no matter what, Smyth, one of two landlord advocates on the board, wrote in her scathing resignation letter. - Hannah Fierick and Zoe Hussain
  • Hizzoner has repeatedly claimed that the board is independent, noting it had been conducting “both fact finding as well as testimonies” for months before the highly anticipated vote.
  • “This is a historic victory for New York City tenants. After reviewing the data and hearing from New Yorkers across the city, the independent RGB has delivered a freeze on one-year leases, and the first-ever freeze on two-year leases in our city’s history,” Mamdani said in a statement after the win...

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