REFinBlog

Editor: David Reiss
Cornell Law School

April 16, 2026

NYC Rent Adjustments and Freezes

By David Reiss

NY1 interviewed me this morning in Former Rent Guidelines Board Chair Talks Process, Possibility of Freezing Rent: 

Mayor Zohran Mamdani promised to freeze the rent on nearly 1 million stabilized apartments as a signature part of his campaign.

Despite a late push by former Mayor Eric Adams to lock up the rent board for a year, Mamdani was able to appoint a majority of the members who will decide in June whether they agree with his push for a rent freeze.

David Reiss, a former chair of the Rent Guidelines Board, joined “Mornings On 1” to talk about the process and the plausibility of the plan.

Click the link to watch the full interview.

Pat Kiernan and I discussed the column I wrote with Nestor Davidson about the process for determining rent adjustments for NYC rent-stabilized units.

 

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