POLITICSFORTUNE
Mamdani lives up to campaign promise, freezing rent for about 1 million New Yorkers
New York City Mayor Zohran Mamdani fulfilled his campaign promise by approving a rent freeze for about 1 million residents in rent-stabilized apartments through the Rent Guidelines Board. The decision faced criticism from real estate groups and a legal challenge, with a board member resigning in protest over the board's independence.
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