Will Mamdani freeze NYC rents before 2027?
A prediction market on Polymarket. Yes is trading at 89.4¢, implying a 89% probability. 24-hour volume is $11.3K. Resolves Dec 31, 2026.
- 24-hour volume
- $11.3K
- Total volume
- $270.6K
- Liquidity
- $43.9K
- Resolves
- Dec 31, 2026
- Hosted on
- Polymarket
- Resolution source
- Polymarket / UMA oracle
About this market
This market will resolve to “Yes” if both the following occur: 1. Zohran Mamdani wins the 2025 NYC Mayoral election. 2. The New York City Rent Guidelines Board implements rent adjustments at 0.0 % for both one-year and two-year renewal leases for rent-stabilized apartments citywide by December 31, 2026, 11:59 PM ET. The policy will be considered implemented only if a 0.0 % increases for both one-year and two-year renewal leases is in effect by the resolution date. An announced intention or proposed order not yet effective will not qualify. Orders that are blocked, enjoined, or otherwise prevented from taking effect by the deadline will not qualify. If the policy is enacted through another official mechanism, including but not limited to a mayoral executive order, local legislation, or state law, and goes into effect by the resolution date it will qualify. Orders that apply only to one lease term (e.g., 0 % on one-year but > 0 % on two-year), apply only to specific unit types (e.g., hotels or SROs), or relate to non-stabilized units will not qualify. Policies which include limited exceptions — such as exclusions for specific categories of rent-stabilized units (e.g., hardship exemptions, temporarily exempt buildings, or administrative carveouts) — will still qualify as long as a general policy of 0 % rent adjustment for both one-year and two-year renewal leases on rent-stabilized apartments and lofts is in effect citywide. If Mamdani is confirmed to have lost the 2025 NYC Mayoral election by a consensus of credible reporting, this market will immediately resolve to “No.” The resolution source for this market will be a consensus of credible reporting and official Rent Guidelines Board materials.
Frequently asked questions
What is this prediction market about?
This is a Polymarket prediction market asking: "Will Mamdani freeze NYC rents before 2027?". Traders buy "Yes" tokens if they think the event will occur, or "No" tokens if they think it will not. Each token's price (in cents on the dollar) represents the market's consensus probability of that outcome.
What is the current probability?
The market currently prices "Yes" at 89.4¢, which implies a 89% probability. "No" trades at 10.6¢. The probability updates in real time as traders buy and sell.
When does this market resolve?
This market is scheduled to resolve on Dec 31, 2026. After resolution, the winning side's tokens redeem at $1 each (in USDC) and the losing side at $0.
How is the outcome decided?
Resolution follows Polymarket's standard process via UMA's optimistic oracle: a proposed outcome is submitted, and anyone may dispute it within a challenge window before settlement.
What does buying YES or NO actually mean?
"Yes" and "No" are outcome tokens on the Polygon blockchain. Each one pays out $1 in USDC if its outcome resolves true, otherwise $0. If you buy "Yes" at 89.4¢ and the outcome resolves "Yes", you receive $1 per token; if it resolves "No", your "Yes" tokens are worth nothing.
How much trading activity is there?
Over the last 24 hours, $11.3K has been traded on this market. Total volume since the market opened is $270.6K. Current order-book liquidity is $43.9K — the amount that can be filled at or near the mid-price without significant slippage.
Where is this market hosted?
On Polymarket, the largest prediction-market platform in the world. Polymarket runs on the Polygon blockchain and uses USDC as collateral.
Is Polymarket available everywhere?
No. Polymarket is geographically restricted. Trading is blocked in some jurisdictions, including the United States. Polymarket detects your location and prevents deposits and trades where the service is unavailable. Always verify access from your country before depositing funds.
Can I see the live order book and top holders?
Yes. Spreadiction surfaces the live CLOB order book, top holders by USD value, recent whale trades and derived analytics for every active Polymarket market. Use the navigation: Markets, Whales, Signals, Alpha, Scanner.
Is anything on this page investment advice?
No. Spreadiction is an analytics tool. Nothing on this page is investment, financial, legal or tax advice. Prediction markets carry substantial risk of loss. See the full disclaimer for details.
Trade this market
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