The Rent Guidelines Board pushed the mayor’s rent freeze promise forward Thursday night, advancing a preliminary range of rent levels that includes no increase for the city’s rent stabilized tenants. They will vote on a final number in June.
The magic number is “zero” for supporters of a rent freeze.
Zohran Mamdani’s promise of a rent freeze passed a major milestone Thursday evening, as the Rent Guidelines Board voted to advance a preliminary range of adjustments that included no rent increase for rent stabilized apartments.
In a brief meeting, the board voted to advance rent adjustments of 0 to 2 percent for one-year leases and 0 to 4 percent for two-year leases. Rent-stabilized tenants have the option of one- or two-year renewals…