NYC Real Estate Leaders Creating Anti-Mamdani PACs

NYC Real Estate Leaders Creating Anti-Mamdani PACs

Many of New York's real estate leaders are unified in trying to prevent self-described democratic socialist Zohran Mamdani from becoming the city's mayor. Mamdani, the Democrat nominee for November's election, has promised such things as tripling the city's production of permanently affordable, union-built, rent-stabilized homes and freezing rent for all stabilized tenants. Mamdani's primary victory was a "crushing defeat" for the real estate in…