After months of threats from business leaders that Zohran Mamdani becoming mayor of New York City would spur an exodus, no flights have been booked and no bags have been packed.
Instead, most real estate executives woke up Wednesday with an air of resigned optimism, hoping the 34-year-old democratic socialist will work with them to fix the city’s housing crisis and fail to implement some of his other key promises.
And while some brokers said it was business as usual and no clients were spooked, many cautioned that Mamdani still has the capacity to scare away investment.
“He could be more like Fiorello La Guardia…