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The Independent UK
The Independent UK
National
Anthony Izaguirre

NYC set to freeze rents as critics warn of crumbling buildings and bankrupt landlords

New York City Mayor Zohran Mamdani is poised to deliver on a key campaign promise to freeze rents, a move expected to impact approximately one million rent-stabilized apartments across the city.

The decision, anticipated by the city's Rent Guidelines Board, marks a significant victory for Mamdani, who campaigned aggressively to tackle the city's high cost of living.

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