With the first meeting of the New York City Rent Guidelines Board just days away, before a single sheet of income data is analyzed or a word of public hearing testimony is uttered, small property owners already know what will happen in June when the RGB decides rent adjustments on one- and two-year leases for one million rent-stabilized apartments.

With his latest RGB appointments giving him majority control of the board, Mayor Mamdani’s rent freeze is practically guaranteed.

The RGB is supposed to be insulated from political pressure, acting independently of mayoral influence. If that were true, record numbers of small owners wouldn’t be staring down foreclosure and bankruptcy due to past rent freezes and years of miniscule rent adjustments that failed miserably to address across-the-board increases in building operating costs and expenses.

Our organization, Small Property Owners of New York (SPONY), recently published a comprehensive report that found rents of the city’s........

© NY Daily News