A rent freeze? Not this year.
The Rent Guidelines board voted Monday night on rent increases for about one million rent-stabilized apartments of up to 3% for one-year leases and 4.5% for two-year leases beginning Oct. 1.
The vote of five to four was the conclusion of a contentious meeting, part of an annual process in which the city board weighs tenant and landlord economics to set permitted rent hikes. The outcome found particular significance this year after Assemblymember Zohran Mamdani won the Democratic mayoral nomination after pledging to freeze stabilized rents next year…