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.
April 8, 2026 - 12:35
City Council mulling lowering proposed real estate tax hike by a pennyIn a move that could ease the financial strain on residents, the City Council is actively exploring options to reduce a previously proposed real estate tax increase. New discussions indicate the...
April 7, 2026 - 20:45
See inside: $19M Lake Norman estate could set a local record for priciest saleA breathtaking waterfront estate on Lake Norman has hit the market for $19 million, a price point that could establish a new benchmark for the area`s luxury real estate. This opulent property...
April 7, 2026 - 08:35
Aon Appoints Winnie Loh as Real Estate and Data Centre Leader for Southeast AsiaSINGAPORE – Aon plc, a prominent global professional services firm, has announced the strategic appointment of Winnie Loh as its Real Estate and Data Centre Leader for Southeast Asia. This move...
April 6, 2026 - 18:41
Former Chicago Ald. Edward Burke lists Southwest Side home for $1.5MThe longtime Southwest Side home of former Chicago Alderman Edward Burke and his wife, retired Illinois Supreme Court Justice Anne M. Burke, has officially hit the market. The prominent couple is...