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NYC board reviews report on landlord income, Mayor promises rent freeze.
The NYC Rent Guidelines Board is reviewing a new report showing landlord net operating income rose 6.2% in 2024, with Mayor Zohran Mamdani promising to consider a rent freeze.
While tenant advocates argue a freeze is needed to help with stagnant wages, landlord groups warn freezing rents could hurt the 9% of buildings already in financial distress.
The board will vote on increases in June.
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La junta de Nueva York revisa el informe sobre los ingresos de los propietarios, el alcalde promete congelar el alquiler.