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New York City’s Rent Guidelines Board has imposed a sweeping rent freeze on more than a million rent-stabilized apartments, cementing a major political victory for the city’s socialist mayor while raising fresh alarms from property owners about the future of the housing stock.
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Socialist Mayor Freezes Rents For 1 Million NYC Apartments—Landlords Warn “This Is How Buildings Die”
New York City’s Rent Guidelines Board has imposed a sweeping rent freeze on more than a million rent-stabilized apartments, cementing...