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New York City is freezing the rents of rent-stabilized apartments.&nbsp;

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The city’s Rent Guidelines Board voted seven to one&nbsp;in favor of a freeze Thursday night, at El Museo del Barrio in Manhattan. The board approved rent increases of 0 percent on one-year leases and 0 percent on two-year leases

Landlord groups are likely to sue over the result.&nbsp;

“It’s going to be very likely that there will be a challenge,” said Massimo D’Angelo, co-chair of the real estate industry team at law firm Blank Rome. “It could be as quick as Monday, but generally it will take a couple weeks to assess and to file a carefully tailored pleading.”

To read the full article, please click <a href="https://therealdeal.com/new-york/2026/06/25/nyc-rgb-approves-rent-freeze/">here</a>.

"It’s Official: New York City Is Getting a Rent Freeze," by Lilah Burke was published in <a href="https://therealdeal.com/new-york/2026/06/25/nyc-rgb-approves-rent-freeze/">The Real Deal</a> on June 25, 2026.

It’s Official: New York City Is Getting a Rent Freeze

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It’s Official: New York City Is Getting a Rent Freeze

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