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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Historic San Antonio Shopping Center Changes Hands for $115 Million Amid UpgradesIn a significant real estate transaction, a prominent shopping center in San Antonio has been sold for $115 million. The deal marks a notable moment in the local retail landscape, especially as the...
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Ryan Serhant Discusses New York City's Rental Market ChallengesRyan Serhant, the CEO of SERHANT, has raised concerns about the ongoing rental supply crisis in New York City. In a recent interview, he emphasized that the city simply does not have enough rental...
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