Rent Guidelines Board Freezes Rents on a Million Stabilized Apartments
CONFIRMED88% CONFIDENCEOrder Number 58 is "Dated: June 25, 2026" and sets "0%" for leases "commencing on or after October 1, 2026 and on or before September 30, 2027", so the pin runs from the vote to the exclusive 00:00Z on 1 October 2027.[1]
By 7 votes to 1 the Rent Guidelines Board set 0% increases for one- and two-year leases on rent-stabilized apartments starting between 1 October 2026 and 30 September 2027. It fulfils Mayor Mamdani's campaign pledge and is the first freeze ever for two-year leases.
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