To NYC real estate owners- are you worried about the prospect of Mamdani becoming the mayor? I mean in terms of your property owned. What’s the worst case scenario for non rent stabilized buildings/apartments? Higher property taxes? Is the a real risk of rents decreasing?

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Yes, it is a reality. Selling my condo as we speak and move out. Communist at pure expression. Once elected prices will drop significantly

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As someone who grew up in a communist country, your take is amusing but also concerning. May want to pick up a book or two..

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