Eric Adams Could Blow Up Zohran Mamdani’s Ability to Freeze the Rent
Landlords want him to Zohran-proof more than 1 million apartments.
Zohran Mamdani has made freezing the rent on the city’s more than 1 million rent-stabilized apartments a cornerstone of his mayoral campaign.
However, with less than three months to go in his term, the administration of Mayor Eric Adams is considering a way to thwart Mamdani’s ability to do just that should he be elected.
More than 2 million New Yorkers live in rent-stabilized apartments, and the amount they pay every month is set by the Rent Guidelines Board, whose members are appointed by the mayor.
Currently, six of the nine members are serving under expired terms, allowing Adams to either simply reappoint them or name other members who would be even less disposed to Mamdani’s rent freeze.
A seventh member has a term that expires at the end of the year.
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Author's summary: Eric Adams may hinder Zohran Mamdani's rent freeze plan.