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The future of rent-stabilized units was at the heart of Zohran Mamdani’s ultimately successful bid for the Democratic nomination for New York City mayor, but the issue came into the present this week.  The Rent Guidelines Board approved a 3 percent rent increase for one-year leases and 4.5 percent for two-year leases in rent-stabilized units, […]

This article originally appeared on The Real Deal. Click here to read the full story.

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