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New York rent freeze could help market-rate apartment owners as supply tightens, analysts say

Policy seen reshaping demand across the city's rental market
Prism at Park Avenue South is among the New York City apartment properties owned by Equity Residential, one of the nation's largest multifamily landlords. Joseph DiBlasi (CoStar)
Prism at Park Avenue South is among the New York City apartment properties owned by Equity Residential, one of the nation's largest multifamily landlords. Joseph DiBlasi (CoStar)
CoStar News
July 21, 2026 | 8:10 P.M.

One effect of New York City's rent freeze could be to push more renters into market-rate apartments, some analysts say, giving large landlords an advantage.

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