A political earthquake has reshaped New York City's commercial real estate landscape with Assemblyman Zohran Mamdani's surprising mayoral primary victory, prompting the industry to recalibrate its strategies amid talks of rent freezes and tax hikes. This episode of Best & Final unpacks the immediate market reactions, significant refinancing deals like the 5 Times Square conversion, and the MTA's assertive use of eminent domain for subway and rail expansions, offering crucial insights for developers, operators, and investors navigating an increasingly ideological and unpredictable market.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com