New York City freezes rents for 1 million flats in win for Mamdani

New York City's housing board voted to freeze rents for about one million regulated flats for up to two years, fulfilling a campaign promise of Mayor Zohran Mamdani. The 7-1 decision sets rent increases at zero for one-year and two-year leases starting October, prompting cheers from tenants at a Manhattan event.