During a live radio segment discussing New York’s mayoral primary, I found myself expressing a surprising opinion that I never thought I would. Just a few days earlier, I would have never imagined saying the following words: “It would have been better if Cuomo had won.”
I know, right?
The newly elected mayor, a self-proclaimed Communist named Zohran Mamdani, is now making grand promises. While it’s evident that he may struggle to deliver on many of these pledges, his actions could still have a significant impact on the individuals who drive New York City’s economy. This trend was kickstarted by former NYC Mayor Bill de Blasio, and if Mamdani wins, which looks likely, he may take it to another level.
Unsurprisingly, the productive individuals – the ones who still manage to make a living in New York City, the same people who contribute the most in taxes – are considering leaving the city in response to these potential changes.
“My number one job will be moving people from New York to Florida. Again,” Serhant told me. “Based on the results, clients are going to hold off on making any kind of investment in New York City.”
According to a note I reviewed, one client who had made an offer on a Chelsea apartment sent her broker an email minutes after former Governor Cuomo conceded to Zohran Mamdani. “We are going to take a break from looking until there’s more clarity on the mayoral election,” the client wrote.
Let’s just hope these same people don’t take their New York voting habits with them.
Of course, there’s still the general election to come, and it’s not certain that Mamdani will win, although his clinching the Democratic nomination puts him in a strong spot in that deep-blue city. People’s reactions to that speak for themselves:
Of course, it might not be all bad. Another source told me that the number of New Yorkers looking to flee the possibility of a socialist mayor could create a significant “Mamdani discount” in the real estate market.
Yeah, except it’s a fair bet no one will be willing to buy – and the commie Mamdani may just take over those buildings for “free” housing, since playing Santa Claus seems to be his bag.
