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Mamdani’s Rent Board Votes to Freeze Rent for About 1 Million NYC Apartments

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26.06.2026

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This story was originally published by The City Reporter. Sign up here to get the latest stories from The City Reporter delivered to you each morning.

Popsicles, paletas and now rents: all frozen.

The Rent Guidelines Board on Thursday approved 0% rent increases for about 1 million rent-stabilized apartments, delivering on one of Mayor Zohran Mamdani’s signature campaign promises.

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 “Freeze the Rent!” signs, distributed by the Democratic Socialists of America.

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 “deliver a rent freeze.”

Mamdani has appointed six of the members, while three — including the one who resigned — were appointed under Mayor Eric Adams. Two represent tenants, two represent landlords and the other five, including the chair, represent the general public.

Private Equity Now Owns 1 in 8 Apartment Units, a 50 Percent Increase Since 2021

With the vote, tenants of rent-stabilized apartments across the boroughs won’t see a hike on their lease renewals starting Oct. 1.

Thursday’s vote marked the fourth time the board has approved a rent freeze in the city’s history. The three previous times all occurred under Mayor Bill de Blasio. But even then, two-year leases saw increases.

Thursday’s........

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