Fifty days after Zohran Mamdani became mayor, the real estate sector’s worst fears have not yet come true. But give him time! During the mayoral race, I wrote a number of columns criticizing Mamdani’s simplistic or unrealistic promises, while realizing that the goal of campaigns is to win. Candidates with complicated, plausible proposals tend to […]
For months, real estate professionals have speculated about what Mayor Zohran Mamdani will mean for the sector. These conversations are not hypothetical. Mamdani was sworn in as the new mayor of New York City by Attorney General Letitia James during a midnight ceremony on Thursday. A separate public swearing-in ceremony will take place on the […]
The complaints and suggestion departments are open. Newly elected Mayor Zohran Mamdani held a closed-door meeting Tuesday with members of the Association for a Better New York and the Partnership for New York City. There he assured developers, lenders and investors that he is always open to hearing from them. “I [assured] that my door […]
A broker in South Florida gambles on the mayor race chaos of New York. Dina Goldentayer, a top broker with Douglas Elliman in Miami, took out a billboard in Times Square in which he encouraged New Yorkers to Dump the Big Apple for the Magic City, who apparently is initiative with the fears of the […]