Key Issue - New York City's rent affordability crisis is impacting even the wealthiest residents [1] - Voters overwhelmingly supported Zuran Madam Dani due to the rent crisis [2] Market Dynamics - Rents in neighborhoods like Greenpoint and Long Island City have jumped more than 40% since 2020 [2] - High earning professionals returning with remote work flexibility fueled bidding wars and rapidly escalating prices [3] - Demand is high in a city with 8 million residents, but space is limited [2] Policy & Solutions - Zuran Madam Dani's win signals New York voters are ready for radical change [3] - Proposals like freezing rent and investing in affordable housing will be tested [3]