Zohran Mamdani: “The board is composed of nine appointees, all of whom are…”

“Okay. And it means that their rent, whether it will increase or stay the same, is determined by a board called the Rent Guidelines Board. Okay? The board is composed of nine appointees, all of whom are appointed by the mayor. Yes. So we have seen this board freeze the rent in the past. We have seen this board raise the rent like it has under Eric Adams, more than 12%.” (27:21–27:26)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.