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June 26, 2026
Rent Guidelines Board Approves Rent Freeze Amid Controversy Over Housing Conditions
- The Rent Guidelines Board voted 7-1 to freeze rents for one- and two-year leases on approximately 1 million rent-stabilized apartments, a key pledge from Mayor Mamdani.
- The resignation of board member Christina Smyth, who accused the board of bias, has heightened concerns about the board's independence and decision-making process.
- Landlord groups warn that the freeze could lead to worsening housing conditions due to rising operational costs, contradicting tenant claims of affordability struggles.
6 Sources
- New York City Board Approves Mamdani’s Rent FreezeJun 26, 2026 at 12:15 AM · WSJ
- Rent board fulfills Mamdani’s vow to freeze the rent on 1 million NYC apartmentsJun 26, 2026 at 12:39 AM · CNN
- Mamdani's rent freeze passes for 1 million unitsJun 26, 2026 at 2:25 AM · The Hill
- NYC set to freeze rents as critics warn of crumbling buildings and bankrupt landlordsJun 26, 2026 at 8:51 AM · Independent
- The Rent Board Delivers a Freeze to MamdaniJun 26, 2026 at 9:01 AM · NYT
- Housing board votes to freeze New York rents in victory for MamdaniJun 26, 2026 at 9:42 AM · BBC