October 24, 2025 - 19:37

In a strategic move, Mayor Eric Adams is set to appoint at least six new members to the Rent Guidelines Board, significantly altering the composition of the nine-member panel. This decision comes as a response to the anticipated push for a rent freeze by Councilmember Zohran Mamdani, who is expected to take a prominent role in the city's governance.
Adams’ plan aims to establish a board that aligns more closely with his administration's housing policies, which may counter Mamdani's proposal for a rent freeze. The Rent Guidelines Board plays a crucial role in determining rent adjustments for approximately one million rent-stabilized apartments in the city, making its composition a key factor in the ongoing debate over affordable housing.
As the mayor prepares for these appointments, the implications of this reshuffling could have lasting effects on tenants and landlords alike. With tensions rising over housing affordability, the upcoming changes are sure to spark discussions on the future of rent regulation in the city.
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Revitalizing a Landmark: Plans for the Northwestern National Life BuildingRepurposing the iconic property at 20 Washington Ave. S. could bring new life to a key downtown Minneapolis intersection. A local developer has acquired the historic Northwestern National Life...
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Ed Bruehl Joins Christie's to Lead Hamptons ExpansionIn an exciting development for the luxury real estate market, Ed Bruehl, a prominent broker in the Hamptons, has been appointed to lead Christie`s expansion efforts in the region. Known for his...
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Local Bank Appoints New Vice President for Commercial Real Estate LendingAn area banking institution is welcoming a new executive to its team. North Shore Bank, which has branches in Appleton and surrounding regions, has announced the appointment of a new Vice President...
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The Citizen's Most-Read Stories of the WeekThis week, the spotlight was on the local real estate market and culinary scene, with significant developments capturing readers` attention. One of the most notable stories involved the sale of a...