Mayor signals aggressive stance toward Rent Guidelines Board appointments to implement campaign’s signature housing policy
Mayor Zohran Mamdani has made clear his intention to pursue the rent freeze he promised during his campaigna policy that would keep rents flat on approximately 970,000 rent-stabilized apartments, affecting roughly 2.5 million New Yorkers. The freeze represents his signature housing proposal and a centerpiece of his broader affordability agenda. However, implementation faces significant obstacles including the staggered appointment terms of the Rent Guidelines Board, which must formally vote to approve such measures annually.
The RGB Structural Challenge
The nine-member Rent Guidelines Board, which sets annual rent adjustments for stabilized units, is controlled entirely by mayoral appointees. However, board members serve staggered terms ranging from two to four years. Mamdani can replace the board chair immediately and appoint new members as vacancies occur, but he cannot unilaterally replace all members at once. Former Mayor Eric Adams appointed multiple board members in December 2025 before leaving office, knowing they would serve through 2026 and likely oppose any rent freeze.
Mamdani’s Path to Implementation
If Adams appointees remain in the majority, Mamdani may need to wait until late 2026 or early 2027 to achieve a board majority supporting a freeze. The mayor has signaled his willingness to aggressively use his appointment power and has hinted at potential legal challenges to Adams’ eleventh-hour appointments. Bill de Blasio achieved rent freezes in 2015, 2016, and 2020 by carefully managing board appointments and orchestrating majority votes. Mamdani’s political operatives have prepared similar strategies.
Opposition and Consequences
According to Christian Science Monitor analysis, major real estate industry groups have warned that a prolonged freeze will accelerate building deterioration, reduce maintenance investments, and potentially lead to foreclosures among smaller landlords. The New York Apartment Association estimates a four-year freeze could cost landlords 6.8 billion dollars in foregone revenue. Reason Foundation research documents that even before Mamdani’s proposal, rent-stabilized building owners faced a squeeze between rising insurance, property tax, and labor costs while rents remained capped. Tenant advocates counter that stabilized tenants have median incomes of approximately 60,000 dollars annually and that 46 percent remain rent-burdened despite regulations. Mamdani has proposed offsetting landlord costs through property tax relief and efforts to reduce insurance expenses, though these remain unspecified proposals requiring legislative approval.