October 2, 2025 - 02:46
Zohran Mamdani's ambitious housing agenda, which includes proposals for rent freezes and increased taxes on affluent residents, has reportedly led some Manhattan residents to consider relocating to the suburbs. As the mayoral candidate garners attention with his progressive platform, many are weighing the implications of his policies on the city's real estate landscape.
The prospect of rent freezes and higher taxes has created a sense of uncertainty among high-income earners, prompting them to explore alternative living arrangements outside the bustling city. Reports indicate a noticeable uptick in interest in suburban properties, as residents seek more affordable housing options and a different lifestyle.
Mamdani's stance on housing affordability resonates with many who are struggling with the rising cost of living in New York City. However, the potential exodus raises questions about the long-term impact of such policies on the urban economy and community dynamics. As the election nears, the implications of Mamdani's proposals will continue to unfold, shaping the future of New York City's housing market.
October 1, 2025 - 01:33
Generous Donation to Cancer House of Hope from Local Real Estate FirmCuoco and Company Real Estate has made a significant contribution of over $50,000 to the Cancer House of Hope, a facility dedicated to supporting those affected by cancer. This generous donation is...
September 30, 2025 - 20:31
Avison Young Appoints Jay Johnson to Spearhead U.S. Healthcare Real Estate GrowthCHICAGO, IL and ATLANTA, GA— In response to accelerating demand and transformation across the healthcare sector, global real estate advisor Avison Young has appointed Jay Johnson as Principal and...
September 30, 2025 - 04:45
Revitalizing Downtown Philadelphia: Growth Amidst ChallengesCenter City Philadelphia is experiencing a notable resurgence, marked by a significant increase in population and a rebound in daily foot traffic following the lows of the COVID pandemic. This...
September 29, 2025 - 08:59
Activist Firm Targets Six Flags for Real Estate MonetizationActivist investment firm Land & Buildings is intensifying its efforts to influence Six Flags by urging the amusement park operator to capitalize on its real estate assets. The firm is advocating...