After months of forecasting disaster, real estate responded to Zohran Mamdani’s election victory with a resounding shrug. Leading up to the election, industry players across sectors threw their money and their mouths behind the mayor-elect’s opponents, including shelling out $13 million for political action committees aimed at defeating Mamdani and/or putting former Gov. Andrew Cuomo in Gracie Mansion.  Since the results were called late Tuesday night, several of Mamdani’s most vocal adversaries in real estate appear to be backing off of some of their more grim predictions. Some are extending olive branches in the hopes for a seat at the […]

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