Rent Relief for NYC Tenants: City Housing Board Freezes Rents for 1 Million Apartments In a move aimed at providing much-needed relief to struggling New York City residents, a city housing board has voted to freeze rents for approximately one million regulated apartments for up to two years. The decision, which fulfills a key promise made by city officials, is expected to benefit low- and middle-income tenants who have been hit hard by the city's rising cost of living. The rent freeze, which will apply to apartments covered under the city's rent regulation system, is seen as a major victory for tenant advocates who have been pushing for increased protections against skyrocketing rents. With the city's housing market showing no signs of slowing down, the rent freeze is likely to be a welcome reprieve for many tenants.
By Jonathan Allen NEW YORK, June 25 (Reuters) - A New York City housing board voted on Thursday to freeze the rents for about one million regulated apartments for up to two years, fulfilling a central ...
