Author: newyork-news
It was maybe Zohran Mamdani’s greatest promise when he campaigned for mayor final 12 months: To freeze the hire, a pledge that may affect greater than 2 million New Yorkers residing in rent-stabilized flats. That promise is now being put to the take a look at earlier than the Lease Pointers Board (RGB), which Mamdani stacked in his favor with appointees earlier this 12 months. On Thursday, it authorised a preliminary hire plan for the 2026-27 12 months that may enhance rents by 0-2% for stabilized tenants with one-year leases, and 0-4% for two-year leases. The ultimate vote in June…
As Mayor Zohran Mamdani pushes a transit agenda centered on dashing the nation’s slowest buses, he has lower than a month to fill a pair of longstanding vacancies on the MTA board. The mayor has simply 4 seats on the panel that units fares, working and capital budgets for a regional transportation authority that’s largely below the management of Gov. Kathy Hochul. Mamdani’s suggestions should be submitted to Hochul, who appoints the pinnacle of the MTA and has six board members of her personal, after which accepted by the State Senate earlier than the Albany legislative session ends June 4.…