Zohran Mamdani's campaign for New York City's mayor centered on the slogan "Freeze the rent," emphasizing affordability for low- and middle-income tenants. If elected, he intends to appoint Rent Guidelines Board members committed to preventing rent increases for regulated apartments. The upcoming board meeting will address suggested rent increases ranging from 1.75% to 4.75% for one-year leases. Mayor Eric Adams, while acknowledging tenant concerns, rejects a complete rent freeze, aiming for a compromise that considers landlords' interests as well.
Mamdani pledged to appoint Rent Guidelines Board members who would not vote for rent increases, focusing on affordable housing for low- and middle-income residents.
The Rent Guidelines Board will vote on potential rent increases for leases starting October 1, despite Mamdani's campaign slogan, 'Freeze the rent.'
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