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NYC Rent Board Approves 0% Freeze on One Million Units

6/26/2026

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Summary

Story summary

Mayor Eric Mamdani and the NYC Rent Guidelines Board approved a 0% rent freeze for leases on one million units, passing the measure 7-1 with Arpit Gupta dissenting.
Tenant advocates and Democratic Socialists cheered as James Whelon warned the freeze could reduce maintenance and Maksim Wynn voted yes to cut costs.
Christina Smyth resigned, calling the process a farce, while Legal Aid Society called the freeze a lifeline for tenants.

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Story summary

Mayor Eric Mamdani and the NYC Rent Guidelines Board approved a 0% rent freeze for leases on one million units, passing the measure 7-1 with Arpit Gupta dissenting.
Tenant advocates and Democratic Socialists cheered as James Whelon warned the freeze could reduce maintenance and Maksim Wynn voted yes to cut costs.
Christina Smyth resigned, calling the process a farce, while Legal Aid Society called the freeze a lifeline for tenants.