Mamdani's rent freeze applies to 996,600 apartments. How many NYC rental apartments are not covered?

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NYC has 2.2 million rental apartments. Mamdani's freeze covers 996,600 rent-stabilized units, leaving 1.2 million market-rate apartments (55%) unprotected. Landlords can raise rent however much the market bears. A teacher in a stabilized apartment gets a freeze; a nurse in a market-rate walk-up faces 15% increases. This split creates political tension. Expanding rent stabilization to all apartments requires Albany changing state law—a fight landlords will spend millions opposing.

Mamdani's rent freeze applies to 996,600 apartments. How many NYC rental apartments are not covered?

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