Mamdani poised to ‘freeze the rent’ after stacking NYC board with likeminded lefty appointees

Reference TimelineLast updated FEB 18
SUMMARY

New York City Mayor Zohran Kwame Mamdani has appointed six new members to the Rent Guidelines Board (RGB), securing a majority on the nine-member body. This move is anticipated to enable his pledge to freeze rents for about one million rent-stabilized apartments. The board is slated to collect data and conduct hearings in the spring of 2026, with a decision on rent adjustments for leases from October 1, 2026, to September 30, 2027, expected in June 2026.

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New York City Mayor Zohran Kwame Mamdani appointed six new members to the Rent Guidelines Board (RGB), establishing a majority on the nine-member panel. This action is seen as a step towards fulfilling his campaign promise to freeze rents for approximately one million rent-stabilized apartments. The board is scheduled to gather data and hold hearings in the spring of 2026, with a vote on rent adjustments for leases between October 1, 2026, and September 30, 2027, anticipated in June 2026. According to the New York Post, this move has been characterized as "stacking" the board with "likeminded lefty appointees."

via nypost.com

Story began · 25 days ago