As Mayor Mamdani Dials Back Rhetoric, NYC Rent Guidelines Board Starts Looking at Whether to Freeze Rents

As Mayor Mamdani dials back rhetoric, NYC Rent Guidelines Board starts looking at whether to freeze rents

NEW YORK — The city’s Rent Guidelines Board kicked off the process of deciding whether to enact Mayor Zohran Mamdani’s campaign promise of freezing rents on stabilized units in its first meeting of the year Thursday, as it considered data…

Mamdani-era rent board opens with report showing landlord income gains, immediate debate over the full picture

New York City’s Rent Guidelines Board opened this year’s rent-setting season Thursday with a new financial report showing landlord income rising for a third straight year citywide — and disagreements about what that really means. The first public hearing of the board that Mayor Zohran Mamdani reshaped earlier this year quickly evolved into an argument over whether those headline gains say much about the older, fully rent-stabilized buildings at …

Landlord Income Up 6% Key Report Says as Board Weighs Rent Freeze in Earnest

The study from the Rent Guidelines Board showed buildings’ financial stress in The Bronx.

Nearly 10% of rent-stabilized NYC buildings are run down — as new Mamdani board set to pass freeze

Nearly 10% of rent-stabilized properties in New York City are run down, it was revealed Thursday -- as landlords claimed Mayor Zohran Mamdani's promised rent freeze will only make it harder to get those units up to snuff.

NYC rent board finds landlord earnings rose as it considers Mamdani's rent freeze

Data from the city’s Rent Guidelines Board shows landlords’ “net operating income” increased – but with several notable exceptions.

Landlord income up 6 percent as board considers rent adjustments for NYC's stabilized apartments

The Rent Guidelines Board (RGB), the nine-member group that decides annual rent adjustments for New York City’s one million stabilized apartments, kicked off its annual review of economic conditions for both landlords and tenants this week. During the first of many sessions before a final vote on rent changes this summer, the board on Thursday released a report detailing the 2024 incomes and expenses of the city’s rent-stabilized housing stock. …