One of the mayor's most impactful powers that they have is through something called the Rent Guidelines Board. It's a board composed of nine members. The mayor has the exclusive appointment authority for each one of them. And That board sets the rent for close to 2 1/2 million New Yorkers who live in rent stabilized housing. So in effect, the mayor sets the rent for close to 2 and a half million new Yorkers. This mayor has used his power to raise the rent on those same New Yorkers by more than 9%. (07:06–07:13)
CLAIM
Asserts that the board sets rent for approximately 2.5 million New Yorkers in rent-stabilized housing.
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