NEW YORK (BLOOMBERG) — Mayor Zohran Mamdani announced six new appointments to the Rent Guidelines Board, a nine-member panel tasked with governing rent-stabilized units.
Mamdani said in a statement Wednesday that the newly composed board will “take a clear-eyed look at the complex housing landscape and the realities facing our city’s two million rent-stabilized tenants, and help us move closer to a fairer, more affordable New York.”
The mayor is seeking to fulfill one of his signature campaign promises to freeze rents on the city’s 1 million rent-regulated apartments. The appointments come a day after he threatened to raise property taxes by almost 10% to lobby New York Governor Kathy Hochul into providing more funding for the city. The mayor, a democratic socialist, is confronting a budget gap that threatens his ability to deliver on the most ambitious parts of his agenda…