Mamdani’s Rent Freeze Is Approved by New York City Board

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New York City has implemented a rent freeze affecting approximately 1 million rent-stabilized units. The city board unanimously approved this measure, which applies to both one-year and two-year leases. This action fulfills a key campaign pledge made by Mayor Zohran Mamdani. Despite accusations that the board was stacked, leading some to call the process an absolute farce, the panel delivered the freeze six months into Mamdani's first year in office for the Big Apple.
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