NYC rent board dissenter warns Mamdani-backed freeze could hurt affordable housing over time: 'Slow burn'

Arpit Gupta, a New York City Rent Guidelines Board member, warned that a rent freeze supported by Mayor Zohran Mamdani could lead to deferred maintenance and financial strain on older rent-stabilized buildings. The freeze, affecting 1 million apartments, extends until 2029, with Gupta advocating targeted aid instead of a blanket policy.