Virginia K. Smith

It's already been a banner week for Mayor de Blasio, who's dominated headlines with the long-awaited announcement of his $41 billion, 10-year plan to tackle the city's massive, much-discussed affordable housing crisis. The ambitious proposal is a landmark for New York real estate, to be sure, but has left a lot of New Yorkers (including us!) with a slew of follow-up questions, and ended up burying the week's second major housing story: yesterday's Rent Guidelines Board vote to potentially freeze rent increases for stabilized units. So, should we all start eagerly awaiting our new, bargain basement rents?