A Democratic Socialist for mayor. Three casinos. New rules for residential brokers. The demise of member deference.  2025 was a consequential year of political and policy shifts that will affect the real estate industry.  The big one, obviously, is that New York City will have a new mayor come January 1. Democratic Socialist Zohran Mamdani wasn’t the first or even second choice for many in the industry. In fact, many rallied behind former Gov. Andrew Cuomo ahead of the June primary, pouring millions of dollars into political action committees backing his campaign.  When Cuomo lost, some jumped ship to Mayor […]

This article originally appeared on The Real Deal. Click here to read the full story.