Do you remember that general elections in New York City were rather boring?
Usually by this time of an election cycle it is quite clear who the next mayor will be and which votes will be asked to the voters.
This year both are uncertain.
Of course, like the democratic candidate, assembly member Zohran Mamdani seems to be in the best position to become the next mayor, especially because his opponents are expected to split the mood against him. Mayor Eric Adams shot down report that he can leave the race to take a job at the Trump administration; Andrew Cuomo and Curtis Sliwa remain seated.
Regarding the voting questions, Tuesday is a big day. The Board of Elections is planned to weigh on the request of the city council to remove three reform questions from the land use aimed at accelerating the approval of housing and weakening the council’s veto power on such projects. The Council argues that three out of five questions are misleading and must be removed from the mood. The Charter Revision Commission counteracts that the formulation of the questions is clear and the state elections follows closely.
The Council’s request has asked questions about the authority of the board to refuse voting proposals approved by a Charter Revision Commission. The leadership of the council was skeptical last week that it has such a power, given its traditional ministerial role in such matters.
Regardless of where the board lands on this question, whether it decides to reject the questions or to approve it, a legal fight is probably on the horizon.
In the meantime, Open New York and other housing groups have launched ‘yes on affordable homes’, a committee for political action, aimed at training New Yorkers about the voting questions and encouraged to approve the proposals. The PAC tries to spend $ 3 million on the effort and has already received obligations of $ 1 million. The Backers are Jamie Rubin, Nycha chairman and Chief Investment Officer at aligned climate capital, and Rachael Bedard, an internist, geriatric and palliative caregivers.
In a press release from the campaign, City Comproller Brad Lander, Manhattan Borough President Mark Levine, Brooklyn Borough President Antonio Reynoso and Queens Borough President Donovan Richards, supported support for the ballot papers.
Amit Singh Bagga, the director of the campaign, said that the affordability of Housing Mamdani has propelled in the primary victory, so he believes that New Yorkers are more than ready to discuss ways to tackle the housing crisis of the city. He is also convinced that the campaign can cut messages against the ballot.
“We believe that when we can reach voters directly and are not broken by the prism of partisan political hacks, voters in kind will respond,” he said.
Open New York’s Annemarie Gray believes that the fate of votes could have national implications, while other areas of law look at whether a blue city can pass on such changes. She is convinced that the proposal will eventually be approved.
“They are basic solutions for a broken system that brings New Yorkers to the edge,” she said.
What we think about: The mayor candidates have weighed to the vocal accounts to varying degrees. Will they take more direct views on the questions given the current debate? Send a comment to kathryn@thereealdeal.com.
Something we learned: Eugene Mulvihill was a Penny Stock Trader before he opened the action park in New Jersey, according to the documentary ‘Class Action Park’. The Securities and Exchange Commission suspended its company in 1974 due to accusations that the company has sold ‘worthless shares at fictional prices and without announcing that the issuing company was bankrupt’, The New York Times reported at the time.
Elsewhere in New York …
-The Fort Greene Park Conservancy pushes back against a presented 72 -storey building, warns that the project could throw disruptive shadows over the park, according to hundreds of new residents and their dogs, according to their dogs Gothamist. Developers and housing officials argued that the impact of the increased shadow would be small and the ongoing home crisis of NYC outweighs these concerns.
– Casino Sweepstakes from New York is approaching its last piece: The State will assign three licenses as soon as December, and according to PoliticsThere are three proposals with the best opportunities. As mentioned earlier, it is expected that Resorts World in Queens and MGMs Empire City in Yonkers, both existing racinos, will receive approvals. Polico considers Mets -owner Steve Cohen’s $ 3.9 billion bid, adjacent to Citi Field, if that with ‘the strongest shot’, while Manhattan’s proposals are confronted with a more heavy fight. – Quinn Waller
Closing time
Residential: The best residential deal was registered on Monday $ 11.5 million for 226 West 71st Street. The Upper West Side mansion is 9,400 square feet. The Corcoran Groups Deanna Kory and Audrey Henderson have the list.
Commercial: The best commercial deal was $ 43.6 million For a commercial condominium unit on Saks Fifth Avenue, 611 Fifth Avenue in Midtown. VORNADO REALTY TRUST is mentioned as the buyer of the unit who is reportedly part of a broader $ 218 million sales By developer Charles Cohen.
New on the market: The highest price for a home that hit the market was $ 19.8 million for 55 West Ninth Street in Greenwich Village. The mansion is 4,700 square foot and stated by Compass’ Alexa Lambert,
– Joseph JUNGERMANN
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