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How Mamdani’s Rent Guidelines Board is cooking the numbers to set up his rent freeze

The city’s Rent Guidelines Board won’t decide this year’s rent hikes for regulated apartments until June, but its staff is already cooking the stats to “justify” Mayor Zohran Mamdani’s promised rent freeze. The board’s recently released 2026 Income and Expense study claims landlords’ Net Operating Income for buildings with rent-stabilized units…

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