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Office of Rent Administration

Coverage of Office of Rent Administration in the Nexus archive.

Earliest in view: Jun 30 · 08:58 UTCMost recent: Jun 30 · 08:58 UTC
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  • POLITICSJun 30 · 08:58 UTCBUSINESS INSIDER
    NYC's rent freeze is finally becoming a reality. Here are 3 things renters should know.

    New York City's rent freeze for stabilized apartments, a key campaign promise by Mayor Zohran Mamdani, will take effect in October 2026. The policy, approved by the Rent Guidelines Board, aims to freeze rents for one- and two-year leases in roughly 1 million units until September 2027. Critics warn of potential declines in apartment quality and rising market-rate rents.