Will Mamdani freeze NYC rents before 2027?

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    "context_description": "Trader consensus on Polymarket reflects skepticism that Mayor Zohran Mamdani will secure a rent freeze for NYC's roughly one million rent-stabilized apartments before 2027, with \"No\" implying a 69% probability following the Rent Guidelines Board's preliminary vote on May 7, 2026. The board, featuring six Mamdani appointees, approved a 0-2% range for one-year leases and 0-4% for two-year leases—keeping zero percent viable but signaling compromise potential amid fierce landlord opposition decrying maintenance risks and property sales. Public hearings continue through June, with final vote pending; historical precedents under mayors like de Blasio show freezes possible but rare without unanimous alignment, underscoring procedural hurdles and economic pressures shaping the odds.",
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