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NYC rent board freezes increases for 1 million regulated apartments (opens in new tab)

New York City’s Rent Guidelines Board voted 7-1 on Thursday to allow 0% rent increases for about 1 million rent-stabilized apartments on one- and two-year leases. The freeze applies to leases beginning on or after Oct. 1, 2026; Gothamist and THE CITY reported that the approved window runs through Sept. 30, 2027. Mayor Zohran Mamdani had made a rent freeze a central campaign promise. The vote, six months into his term, marked the first time the board froze two-year leases, according to Gothami...

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