Analysis of Zohran Mamdani Meeting With Real Estate Industry
In a closed-door meeting last month, Tishman Speyer’s Rob Speyer had some questions for Zohran Mamdani.Speyer asked about Mamdani’s proposal to freeze rents for stabilized apartments, drilling down on the fact that such a move could discourage construction of rental buildings and plunge older housing stock into further distress. This was the Democratic mayoral nominee’s first attempt to make his pitch to business leaders. Mamdani spoke with members of the Partnership for New York City, a consortium of business executives that includes some of the biggest names in the real estate...