NYC rent board dissenter warns Mamdani-backed freeze could hurt affordable housing over time: 'Slow burn'

Arpit Gupta, the only member of New York City's Rent Guidelines Board (RGB) to vote against the rent freeze, told Fox News Digital the policy could gradually push older rent-stabilized buildings into disrepair by depriving landlords of revenue needed for capital improvements. Gupta is also worried that the freeze, a central campaign promise from Mayor Zohran Mamdani, could make it more difficult for landlords to pay their bills. "It's a little bit of a slow burn," said Gupta, an associate financ