How “freeze the rent” really works

New Yorkers gathered outside the LaGuardia Community College in Long Island City, New York City, U.S., on May 7, 2026, to demand a rent freeze on rent-stabilized apartments. (Photo by Selcuk Acar/Anadolu via Getty Images)

On Thursday, tenants and organizers gathered outside the theater at the New York City College of Technology for a block party, but not just any block party. This was in preparation for testimony at a bureaucratic meeting that plays an outsized role in the lives of millions of New Yorkers and controls the ultimate fate of one of Mayor Zohran Mamdani’s central campaign promises: freezing the rent.

Inside the theater, the Rent Guidelines Board, which has nine members all appointed by the mayor, met to hear public testimony regarding the board’s primary responsibility: deciding how much to raise the rent in New York City’s roughly 1 million rent-stabilized apartments, which account for about 42% of all rental apartments in the city…

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