Members slammed Mayor Mamdani and his administration for skipping the meeting.
The mayor's plan includes three planks: Building new homes, tenant protections and overhauling NYCHA.
This year, the Rent Guidelines Board's first vote, called for a 0-2% rent hike for one-year leases, and a 0-4% for two-year leases.
Members of the board submitted seven "yes" votes, one "no," and one abstention, for a 0-2% increase for one-year leases, and 0-4% for two-year leases.
Mayor Mamdani said the city won a $31 million settlement against the owners of Robert Fulton Terrace and Fordham Towers.
A new luxury residential tower in Manhattan is catching heat from some people in the neighborhood who say it's blocking their view of the iconic Empire State Building.