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HousingFreeze Rents For Stabilized Tenants
Freeze rents for more than two million New Yorkers living in rent-stabilized apartments.
Date Promised
February 3, 2025
Owner Agency
Rent Guidelines Board
Requires State Action
NoLast updated: January 2, 2026
Overview
• Mayor Mamdani promised to immediately freeze rents for all rent-stabilized tenants.
• Mamdani has the authority to appoint members of the Rent Guidelines Board, who could vote for a rent freeze rather than approve an annual rent increase.
• Under Mayor Eric Adams, Rent Guidelines Board appointees voted to increase rents on stabilized apartments by a cumulative 12.6 percent.