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Vital City | After the Mamdani Rent Freeze
vitalcitynyc.org · 3,680 words · saved by 1 readers
An agenda to fix New York City’s stabilized housing
An agenda to fix New York City’s stabilized housing The Rent Guidelines Board, on which I serve, has just voted to freeze rents on New York City’s roughly 1 million rent-stabilized apartments, fulfilling a key campaign promise by Mayor Zohran Mamdani. This settles what will happen to rents this October, but raises the question of whether the rent-stabilized stock is still going to be standing, habitable and occupied in 2046. On its current trajectory, a large share of it will not be — especially if Mamdani and his appointees on the Board follow through on the mayor’s pledge to freeze rents eve
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