{"id":8709,"date":"2026-05-08T03:52:28","date_gmt":"2026-05-08T03:52:28","guid":{"rendered":"https:\/\/8657085.xyz\/?p=8709"},"modified":"2026-05-08T03:52:28","modified_gmt":"2026-05-08T03:52:28","slug":"nyc-rent-guidelines-board-approves-potential-rent-freeze-on-1-million-apartments-in-preliminary-vote","status":"publish","type":"post","link":"https:\/\/8657085.xyz\/?p=8709","title":{"rendered":"NYC Rent Guidelines Board approves potential rent freeze on 1 million apartments in preliminary vote"},"content":{"rendered":"<p> <div style=\"display: grid; grid-template-columns: 300px 160px; gap: 2px; width: 460px; background: #eee; padding: 2px;\">\r\n\r\n  <!-- \u6574\u884c\u5bbd\u5e7f\u544a -->\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876674\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 90px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876676\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u7ad6\u6392 -->\r\n  <div style=\"height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876672\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"height: 500px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876680\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u6469\u5929\u697c\uff08\u548c\u5de6\u4fa7\u5b8c\u5168\u5bf9\u9f50\uff09 -->\r\n  <div style=\"grid-row: 3\/5; height: 750px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876678\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  \r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e6\" data-zoneid=\"5876682\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n<\/div><br \/>\n<\/p>\n<div>\n<p>Members of the city\u2019s Rent Guidelines Board signaled they\u2019d potentially freeze the rent on New York City\u2019s nearly one million rent-stabilized apartments during a preliminary vote Thursday.<\/p>\n<p>The move by the board \u2014 which is packed with socialist Mayor Zohran Mamdani allies \u2014 was made after repeated warnings from landlords that the lefty mayor\u2019s \u201cfreeze the rent\u201d campaign would put them in a pinch.<\/p>\n<p>The nine-person Rent Guidelines Board, which has six of Hizzoner\u2019s personal picks, supported an increase of between 0% and 2% on one-year leases, and 0% and 4% increase on two-year leases for rent-stabilized apartments. A final vote to decide the fate of the city\u2019s rent-stabilized units will be held over the summer. <\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"39316799\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<img style=\"aspect-ratio:1.49926794;display:block\" fetchpriority=\"high\" decoding=\"async\" data-modal-image=\"39316799\" width=\"885\" height=\"590\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?w=1024\" alt=\"A person holds up a red sign that reads &quot;FREEZE THE RENT! NO INCREASES ON ALL LEASES&quot; at a public hearing.\" class=\"wp-image-39316799\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?quality=75&amp;strip=all 4913w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=300,200&amp;quality=75&amp;strip=all 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=768,512&amp;quality=75&amp;strip=all 768w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=1024,683&amp;quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=1536,1024&amp;quality=75&amp;strip=all 1536w, 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https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=107,71&amp;quality=75&amp;strip=all 107w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=93,62&amp;quality=75&amp;strip=all 93w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=84,56&amp;quality=75&amp;strip=all 84w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=60,40&amp;quality=75&amp;strip=all 60w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=105,70&amp;quality=75&amp;strip=all 105w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=81,54&amp;quality=75&amp;strip=all 81w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=200,133&amp;quality=75&amp;strip=all 200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=231,154&amp;quality=75&amp;strip=all 231w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=322,215&amp;quality=75&amp;strip=all 322w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=662,441&amp;quality=75&amp;strip=all 662w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=90,60&amp;quality=75&amp;strip=all 90w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=120,80&amp;quality=75&amp;strip=all 120w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=1200,800&amp;quality=75&amp;strip=all 1200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=1038,692&amp;quality=75&amp;strip=all 1038w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=87,58&amp;quality=75&amp;strip=all 87w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/freeze-rent-sign-held-public-127222186.jpg?resize=50,33&amp;quality=75&amp;strip=all 50w\" sizes=\"(max-width: 885px) 100vw, 885px\"\/><figcaption>The Rent Guidelines Board, which has six of Hizzoner\u2019s personal picks, supported an increase of between 0 and 2% on one-year leases, and 0 and 4% on two-year leases for rent-stabilized apartments. <span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>The board, however, shot down a first motion that would have guaranteed a rent freeze or even a decrease in rent. Their vote against a -3% to 0% freeze on one-year leases and a -4.5% to 0% freeze on two-year leases drew a chorus of boos from the crowd at the LaGuardia Community College Performing Arts Center\u00a0in Queens.<\/p>\n<p>\u201cNew Yorkers are being crushed by the cost of living, and they need real relief. I\u2019m encouraged to see the Board taking seriously the data around affordability, operating expenses, and the pressures facing both tenants and small property owners as it sets this preliminary range,\u201d Mamdani said in a statement following the meeting.<\/p>\n<aside class=\"single__inline-module aligncenter wp-block-nypost-editor-primary-tag\">\n<\/aside>\n<p>\u201cAs the RGB begins its public hearings, tenants, owners, and New Yorkers from every borough should make their voices heard and speak directly to what this housing crisis looks like in their lives,\u201d the mayor added.<\/p>\n<p>The RGB also voted to approve a rent freeze on all rent-stabilized hotels.<\/p>\n<p>The decision was met with dismay from Big Apple landlords, who called the board\u2019s decision \u201creckless and irresponsible.\u201d\u00a0<\/p>\n<p>\u201cThis vote continues a decade-long pattern of defunding privately owned rent-stabilized housing stock and clearly surrenders to City Hall\u2019s political pressure,\u201d said Ann Korchak, board president of the Small Property Owners of New York.<\/p>\n<p>\u201cIt ignores the severe economic realities of mom-and-pop, generational, immigrant small property owners whose capped rent streams make it impossible to keep pace with skyrocketing property tax, insurance, utility, repair, and all other operating costs,\u201d she added.\u00a0<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"39316801\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<img style=\"aspect-ratio:1.49926794;display:block\" loading=\"lazy\" decoding=\"async\" data-modal-image=\"39316801\" width=\"885\" height=\"590\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?w=1024\" alt=\"People at a public hearing hold signs that say &quot;Rent Freeze&quot; and &quot;No Increases on All Leases&quot; in multiple languages.\" class=\"wp-image-39316801\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?quality=75&amp;strip=all 5329w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=300,200&amp;quality=75&amp;strip=all 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=768,512&amp;quality=75&amp;strip=all 768w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=1024,683&amp;quality=75&amp;strip=all 1024w, 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https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=120,80&amp;quality=75&amp;strip=all 120w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=1200,800&amp;quality=75&amp;strip=all 1200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=1038,692&amp;quality=75&amp;strip=all 1038w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=87,58&amp;quality=75&amp;strip=all 87w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/05\/people-react-public-hearing-new-127221816.jpg?resize=50,33&amp;quality=75&amp;strip=all 50w\" sizes=\"auto, (max-width: 885px) 100vw, 885px\"\/><figcaption>The board will conduct four public hearings before they make their final vote on June 25, officially deciding whether to freeze or increase rents. <span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>The board\u2019s call to halt rent increases comes despite data presented at the board\u2019s previous meetings this year \u2013 showing that more than 5,000 buildings in the five boroughs are near total financial collapse.\u00a0<\/p>\n<p>Costs increased for small property owners across the board in 2026, with rent-stabilized buildings built before 1974 bearing the brunt of rising insurance costs.\u00a0<\/p>\n<p>While the RGB argued that landlord income was up 6.2% across the board, owner advocates rebutted that the group is using a \u201cmillionaire average\u201d in their calculations.\u00a0<\/p>\n<p>\u201cIf you take one millionaire and average it with minimum wage earners, you will not get a realistic average of wages, and you can\u2019t do that with these buildings either,\u201d said New York Apartment Association president Kenny Burgos at the group\u2019s final meeting before the preliminary vote.\u00a0<\/p>\n<p>Burgos added in a statement after the meeting that the board\u2019s supported increase range is \u201can example of politics over people.\u201d<\/p>\n<p>\u201cThe final vote impacts hundreds of thousands of tenants and owners. Politics has pitted the two groups against each other as if they\u2019re not all New Yorkers who are investing in their communities and seeking the same thing: the means to live,\u201d Burgos said after Thursday\u2019s vote. <\/p>\n<p>\u201cAn owner\u2019s ability to pay for the costs of the building you\u2019re living in should matter to every tenant. Rent isn\u2019t going into the pockets of rent-stabilized owners, it\u2019s going into keeping the buildings standing. This threat of a rent freeze nearly guarantees our owners and tenants will live in declining conditions for years to come.\u201d<\/p>\n<div class=\"single__inline-module inline-module inline-module--newsletter aligncenter inline-module--nypostbusinessunit aligncenter wp-block-nypost-editor-newsletter\" data-source-unit=\"Inline Newsletter Module Morning Report\">\n<div class=\"inline-module__inner\">\n<div class=\"inline-module__title-wrapper\">\n<div class=\"inline-module__unsubmitted-title-wrapper\">\n<h3 class=\"inline-module__title headline headline--combo-sm-md\">\n\t\t\t\t\t\t\tStart your day with all you need to know\t\t\t\t\t\t<\/h3>\n<p class=\"inline-module__cta\">\n\t\t\t\t\t\t\tMorning Report delivers the latest news, videos, photos and more.\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<p><h3 class=\"inline-module__title headline headline--combo-sm-md\">\n\t\t\t\t\t\tThanks for signing up!\t\t\t\t\t<\/h3>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>The move comes as billionaire bigwigs Ken Griffin and Marc Rowan are pulling thousands of jobs out of the Big Apple and setting their sights elsewhere over Mamdani\u2019s \u201ctax the rich\u201d antics \u2014 stoking fears that a\u00a0big-money exodus is underway.<\/p>\n<p>The board will hold five more meetings, including four public hearings, before its final vote on June 25 \u2013 officially deciding whether to freeze or raise rents.<\/p>\n<\/p><\/div>\n<p><!-- \u603b\u5bb9\u5668\uff1a\u6700\u5927\u5bbd908px Grid\u7d27\u51d1\u5e03\u5c40 -->\r\n<div style=\"display: grid; grid-template-columns: 728px 160px; gap:2px; width:908px; background:#eee; padding:2px;\">\r\n\r\n  <!-- \u901a\u680f\u9876\u90e8\uff1a\u6700\u5927\u6a2a\u5e45 908x258 \u8de8\u6574\u884c -->\r\n  <div style=\"grid-column:1\/-1; height:258px; background:#ff6b6b; display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async 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[]).push({'adzone':1114301});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n<\/div><br \/>\n<br \/><a href=\"https:\/\/nypost.com\/2026\/05\/07\/us-news\/nyc-rent-guidelines-board-approves-potential-rent-freeze-on-1-million-apartments-in-preliminary-vote\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Members of the city\u2019s Rent Guidelines Board signaled they\u2019d potentially freeze the rent on New&#8230;<\/p>\n","protected":false},"author":1,"featured_media":8710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[349],"tags":[9057,9056,749,1494,9055,50,379,941,9058,1007,287],"class_list":["post-8709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-apartments","tag-approves","tag-board","tag-freeze","tag-guidelines","tag-million","tag-nyc","tag-potential","tag-preliminary","tag-rent","tag-vote"],"featured_image_urls":{"full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794.jpg",1200,799,false],"thumbnail":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-150x150.jpg",150,150,true],"medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-300x200.jpg",300,200,true],"medium_large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-768x511.jpg",640,426,true],"large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-1024x682.jpg",640,426,true],"1536x1536":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794.jpg",1200,799,false],"2048x2048":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794.jpg",1200,799,false],"covernews-slider-full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-1115x715.jpg",1115,715,true],"covernews-slider-center":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-800x500.jpg",800,500,true],"covernews-featured":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-1024x682.jpg",1024,682,true],"covernews-medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-540x340.jpg",540,340,true],"covernews-medium-square":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/05\/rgb-votes-freeze-rent-prelim-127224794-400x250.jpg",400,250,true]},"author_info":{"display_name":"admin","author_link":"https:\/\/8657085.xyz\/?author=1"},"category_info":"<a 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