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Housing board votes to freeze New York rents in victory for Mamdani
Key takeaways
- A New York City housing board has approved a key pledge made by Mayor Zohran Mamdani to freeze rents for about one million regulated apartments.
- The result of the vote on Thursday was greeted with cheers and whistles from hundreds of people in Manhattan as the Rent Guidelines Board (RGB) approved a freeze on both one and two year leases.
- Mamdani said in a statement that it was a "historic victory for New York City tenants".
Why this matters: a developing story that could shape the day's news cycle.
Corbis via Getty Images Image caption, Members of tenant rights groups celebrated after the New York City Rent Guidelines Board approved the rent freeze
A New York City housing board has approved a key pledge made by Mayor Zohran Mamdani to freeze rents for about one million regulated apartments.
The result of the vote on Thursday was greeted with cheers and whistles from hundreds of people in Manhattan as the Rent Guidelines Board (RGB) approved a freeze on both one and two year leases.
Article preview — originally published by BBC News. Full story at the source.
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