Some small landlords in New York City are on edge over Democratic mayoral candidate Zohran Mamdani’s pledged rent freeze https://t.co/5aqzm62zAj ...

Some small landlords in New York City are on edge over Democratic mayoral candidate Zohran Mamdani’s pledged rent freeze https://t.co/DDsGZJfkuz ...

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]

Zohran Mamdani won over New York City voters by promising to make the city more affordable with a rent freeze and free services funded in part with an added tax on the rich.Read more: https://t.co/d8i9czP1rt https://t.co/I0sw2thb8X ...

And my next guest says those real estate headwinds could spill over into other sectors. Joining us now is Steven's analyst Matt Breeze. Matt, it's good to see you and where are you digging into.Yeah, thank you Kelly very much for having us. Yeah, so our coverage list is the Northeast and Mid-Atlantic banks, many of which play in the Metro New York City area, many of which not only deal with rent regulated multifamily. A lot of those buildings also have market rate multif family.And I think those are kind of ...

Bess Freedman, Brown Harris Stevens CEO, joins 'The Exchange' to discuss housing in New York City and the mayoral race. ...