Real estate CEO on how a Mamdani mayoral win could affect NYC

Real Estate Market Concerns - Rent freeze policies are viewed as potentially damaging to landlords, especially those with a few buildings, impacting their ability to pay bills and make repairs [1] - Bad regulation and legislation are contributing to all-time high rents, with rents increasing by approximately 15% since June 11th [2] - The "Fair Act" passed by the city council is cited as a cause for the jump in rents, despite warnings [3] Political and Policy Impact - There is skepticism regarding claims that people will leave New York City if certain mayoral candidates are elected [4] - The need for collaboration between the mayor, Governor, and other stakeholders is emphasized to enact effective policies [4] - A willingness to work with the potential new mayor to solve problems is expressed, with confidence that New York City will not be disrupted [5] New York City Resilience - Despite issues like taxes and COVID causing people to leave, New York City remains a desirable place to be [5] - New York City is considered the greatest city in the world and the talent capital of the world [4]