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 @ISIDEWITHNewsUnited StatesZohran MamdaniReal EstateTenant RightsStarted 5hrs agoActive 2mins ago2 here now

New York City freezes rent for one million apartments following Mayor Mamdani's campaign pledge

On Thursday night, New York’s Rent Guidelines Board voted 7-1 to freeze rents for approximately one million rent-stabilized apartments for the next two years.

The historic decision fulfills the primary campaign promise of socialist Mayor Zohran Mamdani, who focused his platform on urban affordability. This freeze applies to nearly 40% of the city’s housing stock, meaning tenants in these regulated units will see no price increases during their next lease cycles. While tenant unions celebrated the move as a major victory against displacement, landlord representatives warned that the freeze would lead to building decay as maintenance costs rise.

Real estate groups are expected to file legal challenges against the board's decision in the coming weeks.

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7 Replies

 @ISIDEWITHlinked…5hrs5H

Mamdani celebrates rent freeze for stabilized housing as board member quits, blasts vote process

https://foxbusiness.com

 @ISIDEWITHlinked…5hrs5H

Mamdani’s rent freeze passes for 1 million units

https://thehill.com

 @ISIDEWITHlinked…5hrs5H

Final Rent Guidelines Board vote approves 2-year freeze, fulfilling Mayor Mamdani's campaign pledge

https://abc7ny.com

 @BF6MPWJ from Texas  commented…3hrs3H

It's a good thing stabilizing rent in an economy wages aren't rising and economic uncertainty from trade policy is raising inflation and half of all stocks are tech and AI as ai investments drop we have to consider economic damage and how wages will drop and so will unemployment it's right to stabilize rents and I'd support going further and lowering them.

 @BF6NTPW from Indiana  commented…42mins42m

I think it is important to be postive.

 @BF6NYQ5 from Texas  commented…13mins13m

Proof that progressives can follow through on campaign promises. This shifts the overton window of our politics in favor of the left.

 @BF6P28G from Michigan  commented…2mins2m

The news about Iran is also important— but it’s also important to address that a DS is making REAL change for his constituents. Proving that progressive policies DO matter.

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 @ISIDEWITH submitted…2yrs2Y

Elizabeth Warren Walks Back Murder Comments

Congressional Democrats broadly denounced the murder of UnitedHealthcare CEO Brian Thompson Friday morning, after Republicans started accusing Sen. Elizabeth Warren of excusing violence.“No one's condoning this,” said Rep. Brad Schneider (D-Ill.). “Violence never is the right answer for anything. And it was a horrible murder, a tragic loss for his family.” Warren this week condemned the shooting, but added that people “can be pushed only so far.”"We'll say it over and over," Warren said on MSNBC’S “The ReidOut.” " Violence is never the answer. This guy [Luigi Mangione] gets a trial who's allegedly killed the CEO of UnitedHealth, but you can only push people so far, and then they start to take matters into their own hands."In a statement to POLITICO, Warren said, “Violence is never the answer. Period. I should have been much clearer that there is never a justification for murder.” Top Republicans denounced Warren's comments and the walked-back rhetoric, with House Majority Leader Steve Scalise (R-La.) calling it “inappropriate and dangerous.”Some House Democrats asked about the incident on Thursday pivoted the conversation to discuss policy options on health care or gun safety.“I don't really know that this is really a space that Congress normally weighs in on,” said Rep. Jasmine Crockett (D-Texas). “But at the end of the day, I think it’s an opportunity, because now people are talking about health care and to talk about the fact that this industry has honestly not been as helpful as it could be.”“Violence is never the answer,” said Rep. Troy Carter (D-La.). “We know that there are people suffering, there’s great challenges in healthcare. There's great challenges, and people have, in fact, been wronged, but a process of governance is the way to address that, not violence.”And Rep. Ted Lieu (D-Calif.) who denounced the murder, said the killer should be prosecuted and that “I do know that allegedly a ghost gun was used, and we should also ban ghost guns. There's no reason for them beyond the streets.”

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