fromCurbed
2 days agoWealthy Buyers Say, 'Mamdani Who?'
Sure, they believed in the enduring appeal of New York and dutifully recited the mantra about how resilient the real-estate market was and how it had weathered any number of crises (9/11, the 2008 recession, COVID, the mansion tax) only to emerge stronger than ever. But they'd also seen clients depart or downsize to pieds-à-terreafter the pandemic and were terrified that Mamdani's win would make others do the same.
Real estate