rent-stabilized apartments

New York City voted to freeze rents for over 1 million rent-stabilized apartments. A member of the Rent Guidelines Board highlighted concerns about the buildings affected by the policy.

The vacancy rate for rent-stabilized apartments in the city increased from 3.7% in 2016 to 5.6% in 2025, with a spike to 7% in 2021 during the pandemic. The data, obtained via a FOIL request, shows rising vacancies in most boroughs except Manhattan, though the reasons for vacancies remain unclear. Analysts suggest factors like post-eviction moratorium court cases and landlord financial struggles may contribute.

New York City's rent freeze for stabilized apartments, a key campaign promise by Mayor Zohran Mamdani, will take effect in October 2026. The policy, approved by the Rent Guidelines Board, aims to freeze rents for one- and two-year leases in roughly 1 million units until September 2027. Critics warn of potential declines in apartment quality and rising market-rate rents.

New York City's housing board voted to freeze rent for approximately 1 million apartments, marking a major victory for mayor Zohran Mamdani. The 7-1 decision by the Rent Guidelines Board will affect over 40% of the city's rental housing.

The NYC Rent Guidelines Board approved a rent freeze for approximately one million rent-stabilized apartments in New York City, effective October 1. This decision results in a zero percent rent increase, impacting around 2 million residents.

New York City’s Rent Guidelines Board approved Mayor Zohran Mamdani’s two-year rent freeze proposal for 1 million rent-stabilized apartments. The 7-1 decision applies to units in buildings constructed before 1974 and those with specific tax breaks, effective starting October.

The New York City Rent Guidelines Board voted to freeze rents for rent-stabilized apartments for one and two-year leases, affecting over 1 million units. The 7-1 decision fulfills Mayor Mamdani’s campaign promise, with owner representative Maksim Wynn joining the majority after initial opposition, while property owner groups criticized the move.

Mayor Zohran Mamdani's Rent Guidelines Board approved a 0% rent increase for 1 million rent-stabilized apartments, fulfilling his campaign promise. The 7-1 vote followed protests and a resignation by a landlord representative, marking the first rent freeze for two-year leases in New York City's history.

The NYC Rent Guidelines Board approved a 2-year rent freeze for approximately 1 million rent-stabilized apartments, fulfilling a campaign pledge by Mamdani. Tenant advocates rallied ahead of the vote, which shields these units from rent increases.

Alexandra Dye shared a TikTok video detailing a method to find rare rent-stabilized apartments in New York City, which requires full-time effort. The video has received over 335,000 views.

A NYC housing agency report found 57,000 rent-stabilized apartments were vacant, representing about 6% of the city’s 1 million such units. Landlords argue that renovating some vacant stabilized apartments is not financially viable.

New Yorkers will discuss a rent hike freeze proposal at a public hearing. The Rent Guidelines Board preliminarily voted for rent hikes for rent-stabilized apartments but considered a potential freeze.