Adams Appoints New Rent Board Members, Challenging Mamdani's Rent Freeze
Update: 2025-12-18
Description
Mayor Eric Adams appoints new members to the Rent Guidelines Board, potentially challenging incoming mayor Zohran Mamdanis pledge to freeze rents for four years. The new appointees include Lliam Finn, Sagar Sharma, Christina Smyth, Arpit Gupta, and Alex Armlovich. Mayor Adams aims to maintain a majority on the board, which could hinder Mamdanis rent freeze plans. The board votes annually on rent adjustments, with previous appointments resulting in a 12% increase in rents on new one-year leases. This situation may lead to a conflict between the current and incoming mayors rent control agendas in New York City.
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