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Despite fears of a corporate exodus under a new progressive mayor, top real estate executives say NYC's commercial market is surging with record leasing.
New York City's real estate industry faces deep uncertainty after the election of Democratic socialist Zohran Mamdani, whose platform includes a four-year rent freeze.
NYC mayoral candidate Zohran Mamdani's plan to freeze rents for stabilized apartments is gaining voter support but drawing warnings from experts who fear it could worsen the housing crisis.
New York City's real estate industry is bracing for potential mayoral candidate Zohran Mamdani, but a look at other cities shows progressive agendas often face major hurdles.
New York City's real estate industry is on edge as mayoral frontrunner Zohran Mamdani's progressive platform, including rent freezes and tax hikes, sparks fears of market disruption.
The New York City mayoral race is reportedly driving a surge in real estate interest in suburban areas, as Zohran Mamdani's polling lead prompts some residents to move.
The head of the Real Estate Board of New York (REBNY) signaled a willingness to work with mayoral front-runner Zohran Mamdani, a notable shift in tone.
