The mayor is going to freeze the rent. People think it means they're going to. He's going to freeze their rent. No, no, no, no. The first of all, The mayor has no ability to freeze anybody's rent. No legal ability. It's done by an independent board that is term appointed and then it's only for about 25% of the housing units called the rent stabilized units. So it will have no consequence. (06:40–06:46)
CLAIM
Asserts the mayor cannot legally freeze rent.
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