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Rent freeze for rent-stabilized apartments

April 20, 2026Promise Scan Verified
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Summary

Mamdani promised to freeze rent on nearly 1 million rent-stabilized apartments throughout his four-year term. He has appointed six members to the Rent Guidelines Board, giving him a majority needed to implement the freeze. A preliminary vote is expected in May 2026 with a final vote in June 2026, with any approved rent freeze taking effect October 1, 2026.

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