With less than two weeks remaining in office, NYC Mayor Eric Adams has appointed four members to the city's Rent Guidelines Board in a move that could derail mayor-elect Zohran Mamdani's pledge to freeze rents for over one million rent-stabilised tenants.
According to NY1, Adams announced the appointments and re-appointments on Thursday, effective this week. The new appointees include Lliam Finn, a senior financial advisor with Merrill Lynch, and Sagar Sharma, deputy director at Legal Services NYC. Adams also reappointed Arpit Gupta, a finance professor at NYU Stern, and Christina Smyth, founder and owner of a real estate law firm.
