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New York City will freeze rent for 1m apartments in big victory for Mamdani
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New York City will freeze rent for 1m apartments in big victory for Mamdani

The Guardian · Jun 26, 2026, 4:08 PM · Also reported by 4 other sources

Why this matters: a developing story that could shape the day's news cycle.

City’s mayor has consistently argued that rising housing costs have made it increasingly unaffordable A New York City housing board has voted to freeze rent for approximately 1m apartments.In a major victory for Zohran Mamdani, the mayor who campaigned on a pledge to freeze rent, the Rent Guidelines Board voted 7-1 on Thursday to freeze increases on one- and two-year leases. The decision will provide relief to tenants in more than one million rent-stabilized apartments, representing over 40% of the city’s rental housing. Continue reading...

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