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Mamdani delivers promised rent freeze
on 1 million rent-stabilized apartments

Original Article

Posted By: NorthernDog, 6/25/2026 9:45:37 PM

NEW YORK — Mayor Zohran Mamdani got another major win Thursday night when the Rent Guidelines Board voted to freeze rents on the city’s roughly 1 million rent-stabilized apartments. The mayor-appointed panel voted 7-1 to freeze rents on both one- and two-year leases, an unprecedented move that came despite protests from landlords that it would push them into deeper financial straits. The freeze, which will cover some 2 million tenants, will take effect for leases signed starting in October. (Snip) It caps a triumphant week for the Democratic socialist, who scored a clean sweep in Tuesday’s primary elections. The mayor’s

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How long before they bow down at his feet?

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Reply 1 - Posted by: DVC 6/25/2026 9:57:00 PM (No. 2120988)
This is the optimum way to destroy all those buildings in the shortest possible time. Typical Commu ist fool.
23 people like this.

Reply 2 - Posted by: downnout 6/25/2026 10:01:58 PM (No. 2120992)
Will the city step in when the landlords cannot afford repairs?
16 people like this.

Reply 3 - Posted by: JimBob 6/25/2026 10:23:36 PM (No. 2120996)
The North Vietnamese found that freezing rents was a more effective way of destroying their apartment buildings than American B52 bombers. With the rent 'frozen', landlords have no incentive to improve their properties, no incentive to maintain their properties. The buildings fall into disrepair, and Presto! Instant Slum!
16 people like this.

Reply 4 - Posted by: PChristopher 6/25/2026 10:32:35 PM (No. 2121000)
#2... That's the point. The landlords can't make repairs, then the Commucrats condemn the buildings and take them over. Egg the free market...slums for everybody!!
14 people like this.

Reply 5 - Posted by: WV.Hillbilly 6/25/2026 10:58:33 PM (No. 2121009)
You want less housing? This is how you get less housing.
14 people like this.

Reply 6 - Posted by: mc squared 6/25/2026 11:09:10 PM (No. 2121012)
Could spark a legal challenge? If landlords don't win this they'll walk away, but that's the point isn't it?
9 people like this.

Reply 7 - Posted by: nerdowell 6/25/2026 11:35:12 PM (No. 2121019)
This ruling will spark more than just legal challenges. They still have insurance, who I bet will have to pay more than the current value for a change. This has happened before. DamnMammy knows it; he's not that stupid. My bet is, he's got investors lined up. Maybe Congress will understand and do something to stop it. He is as evil as he looks.
11 people like this.

Reply 8 - Posted by: Jiobaobubai 6/25/2026 11:35:27 PM (No. 2121020)
Plus developers will no longer build new housing since they cannot make enough money, and hence, a housing shortage. Let the market drive.
7 people like this.

Reply 9 - Posted by: Italiano 6/25/2026 11:55:01 PM (No. 2121026)
Great news for the NYC rodent population.
11 people like this.

Reply 10 - Posted by: janjan 6/26/2026 12:07:50 AM (No. 2121028)
This maniac needs to be stopped in court. We have laws and Constitutional rights in this country. And neither one cares about your politics.
4 people like this.

Reply 11 - Posted by: hoopsfan 6/26/2026 12:35:41 AM (No. 2121029)
So Politico is warming up to the Socialists? That's not good news for traditional Democrats who are used to dominating the leftist media.
7 people like this.

Reply 12 - Posted by: Nimby 6/26/2026 2:14:54 AM (No. 2121043)
Sorry to say, but the landlords probably did not vote
3 people like this.

Reply 13 - Posted by: mifla 6/26/2026 7:42:58 AM (No. 2121116)
Hey landlords, go read a history book. This has happened before. May want to put your building on the market while it is still worth something and before the city takes it away from you.
4 people like this.

Reply 14 - Posted by: Hermit_Crab 6/26/2026 8:50:03 AM (No. 2121181)
What New York and Mamdani needs to see is about 10,000 apartment buildings being the made the residential equivalent of "Wyatt's Torch". It is the only way they will be made to grasp what their policies ultimately bring.
1 person likes this.

Reply 15 - Posted by: Vaquero45 6/26/2026 10:20:44 AM (No. 2121238)
New York is turning into Moscow faster than I thought it would.
1 person likes this.

Reply 16 - Posted by: Rumblehog 6/26/2026 12:02:04 PM (No. 2121290)
Where has this been tried before? Why, NYC, you say? That's right! How'd that work out for the micromanagers? Not too good, huh? Rent Caps FAIL wherever they're tried, just like Socialism fails spectacularly also. Q: What's the definition of a crazy person? A: Doing the same failed thing over and over again, always expecting a different outcome.
2 people like this.

Reply 17 - Posted by: virbots 6/26/2026 3:57:44 PM (No. 2121385)
When landlords stop fixing leaking sinks because they can no longer afford to hire the plumber, they'll blame the "evil landlords". Instead of those who "helped the poor" with the new ordinance.
0 people like this.

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