New York Post financial correspondent Lydia Moynihan joins Fox Across America With guest host Paul Gleiser to shed light on how Zohran Mamdani’s win in the New York City Democratic mayoral primary is already impacting the Big Apple’s luxury real estate market.
“So I think, it was very surprising, obviously, to see that sort of rapid reaction with people kind of exploring options should he win. I will say it’s not certainty that he will win the general election and we can get more into that in a little bit. But what was very surprisingly though is just the fact that we are already seeing people walk away from deals that they had in place from apartments they were just about to purchase, you know, in contract. Pretty much everyone he said who he’s working with is now either looking at moving or is trying to back out of a deal to make an investment in New York City and to purchase an apartment. So it’s pretty rapid and it’s of course the irony is that these are the very people who are supposed to be paying for all of these programs that Mamdani wants to unveil.”
Lydia Moynihan On The Potential End Of DOGE
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