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Nearly 10% of rent-stabilized NYC buildings are run down — as new Mamdani board set to pass freeze

NYC
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Nearly 10% of rent-stabilized properties in New York City are run down, it was revealed Thursday — as landlords claimed Mayor Zohran Mamdani’s promised rent freeze will only make it harder to get those units up to snuff. Members of the city’s Rent Guidelines Board said at their first meeting of the year Thursday they expect to approve the rent freeze in May, fulfilling a key campaign promise of the new, democratic socialist mayor. Brian Hoberman, the RGB co-research director, told the board that 9.

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