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Mmandani wins again on rent freeze
The New York City Housing Council voted to freeze rent increases for approximately one million rent-regulated apartments for up to two years, a move reflective of a campaign promise made by Mayor Zahran Mamdani. The vote, which was approved by seven members and opposed by one, took place before October and resulted in a zero increase for one- and two-year lease agreements. The measure aims to protect tenants from rising costs. This decision follows a lengthy voting process that considered factors such as wages and inflation, and is seen as a victory for tenants in the city.
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