{"id":664,"date":"2026-06-26T16:09:21","date_gmt":"2026-06-26T16:09:21","guid":{"rendered":"https:\/\/smartmovinghome.com\/?p=664"},"modified":"2026-06-26T16:09:21","modified_gmt":"2026-06-26T16:09:21","slug":"mamdanis-rent-board-votes-to-freeze-rent-for-about-1-million-nyc-apartments","status":"publish","type":"post","link":"https:\/\/smartmovinghome.com\/?p=664","title":{"rendered":"Mamdani\u2019s Rent Board Votes to Freeze Rent for About 1 Million NYC Apartments"},"content":{"rendered":"
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Read more Environmental Groups Say the Fight to Shut Down \u201cAlligator Alcatraz\u201d Isn\u2019t Over<\/a><\/p>\n<\/div><\/div>\n

Popsicles, paletas and now rents: all frozen.<\/p>\n

The Rent Guidelines Board on Thursday approved 0% rent increases for about 1 million rent-stabilized apartments, delivering on one of Mayor Zohran Mamdani\u2019s signature campaign promises.<\/p>\n

The vote took place in front of rows of tenants and advocates chanting in four different languages at the auditorium at El Museo del Barrio in East Harlem. Protesters lamented soaring rent prices and stagnant wages, carrying red \u201cFreeze the Rent!\u201d signs, distributed by the Democratic Socialists of America.<\/p>\n

The measure passed 7 to 1, with eight members of the typically nine-member board present. Earlier Thursday, one of the members on the board representing landlords had resigned, protesting what she said was a mandate to \u201cdeliver a rent freeze.\u201d<\/p>\n

Mamdani has appointed six of the members, while three \u2014 including the one who resigned \u2014 were appointed under Mayor Eric Adams. Two represent tenants, two represent landlords and the other five, including the chair, represent the general public.<\/p>\n

With the vote, tenants of rent-stabilized apartments across the boroughs won\u2019t see a hike on their lease renewals starting Oct. 1.<\/p>\n

Thursday\u2019s vote marked the fourth time the board has approved a rent freeze in the city\u2019s history. The three previous times under Mayor Bill de Blasio. But even then, two-year leases saw increases.<\/p>\n

Thursday\u2019s vote marked the first rent freeze ever for two-year leases.<\/p>\n

After the decision, Bedford-Stuyvesant resident Darryl Randall thanked the mayor and said \u201cthere\u2019s a lot of stress and weight taken off my shoulders.\u201d The 57-year-old is out of work and did not know how he could have coped with more rent to pay.<\/p>\n

\u201cI\u2019m on cloud nine. I feel like this is a dream. I\u2019m like, I\u2019m just hoping that this is not a dream,\u201d he said. \u201cIf it was not for Mamdani winning, I don\u2019t think we would have had this.\u201d<\/p>\n

Last year, the board voted on hikes of 3% increases for one-year leases and 4.5% for two-year leases that began Oct. 1, 2025. At that meeting, members of tenant groups expressed hope for a freeze under Mamdani, the winner of the Democratic primary.<\/p>\n

The new mayor, who swept the mayoral election with a pledge to make New York City more affordable, often repeated his platform of fast and free buses, free child care and freezing rents.<\/p>\n

In a video shot on New Year\u2019s Day in 2025 \u2014 when Mamdani was then a longshot candidate polling in the single digits \u2014 Mamdani plunged into the cold waters off Coney Island and made his pledge: \u201cI\u2019m freezing \u2026 your rent as the next mayor of New York City,\u201d Mamdani said to the camera.<\/p>

Read more Calls Grow for Release of US Citizen Detained Without Charge in Israel<\/a><\/p>\n

Once he became mayor, Mamdani backed away from explicitly directing the Rent Guidelines Board\u2019s vote, as the board is meant to be an independent body. Mamdani has still openly supported a freeze as a way to control costs for rent-stabilized tenants, and at the same time has touted the forthcoming city-backed insurance program meant to decrease the cost of insurance for landlords of rent-stabilized buildings.<\/p>\n

Landlords of rent-stabilized buildings saw their costs between 2025 and 2026, outpacing the country\u2019s 2.7% inflation rate, according to research by the Rent Guidelines Board. Previous research showed that between 2023 and 2024, landlords\u2019 income rose 6%, though income and rental growth varied widely across boroughs and for different building types.<\/p>\n

Some landlords have said they can\u2019t afford to pay for maintenance of their aging buildings, let alone upgrades, given the climbing costs and limited abilities to increase rents.<\/p>\n

In the worst financial shape are owners of older buildings with a majority of rent-regulated apartments. Some of those owners have trouble paying for their mortgages, risking foreclosure. In contrast, owners of newer buildings and those with a mix of market-rate and regulated apartments are faring better, since rising rents help cover the costs across the board.<\/p>\n

\u201cInstead of balancing the needs of renters and owners to maintain the health and stability of the city\u2019s rent-stabilized housing stock, Mamdani\u2019s RGB unleashed what will be irreparable destruction on affordable housing, small owners, and the millions of New Yorkers we house,\u201d said Ann Korchak, board president of Small Property Owners of New York, in a statement.<\/p>\n

She also criticized the board\u2019s vote taking place without \u201chalf its owner representation.\u201d<\/p>\n

Meanwhile, tenants and many local groups supporting them maintain that residents can\u2019t accommodate another rent hike, given rising costs they face.<\/p>\n

That\u2019s how Sarah Delany felt. The 62-year-old nurse \u2014 who has lived in her Highbridge rent-stabilized apartment for 17 years \u2014 said she feels it will now be easier to pay for \u201ccosts that have been troubling me\u201d like transportation, food and medicine.<\/p>\n

\u201cSometimes you have to decide what bill you won\u2019t pay in order to get through,\u201d she said.<\/p>\n

On Thursday night after the vote, she said she was \u201cecstatic.\u201d<\/p>\n

\u201cEverybody is energized, everybody\u2019s hopeful, encouraged, not apathetic \u2014 voting, paying attention, staying involved counts. It means something,\u201d she said.<\/p>

Read more Judge Halts Trump\u2019s Order to Create Federal Voter List and Restrict Mail Voting<\/a><\/p>\n\n

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With the vote, tenants of rent-stabilized apartments won\u2019t see a hike on their lease renewals starting October 1.<\/p>\n","protected":false},"author":1,"featured_media":662,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"yoast_head":"\nMamdani\u2019s Rent Board Votes to Freeze Rent for About 1 Million NYC Apartments - Smart Moving Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/smartmovinghome.com\/?p=664\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mamdani\u2019s Rent Board Votes to Freeze Rent for About 1 Million NYC Apartments - 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