What a Mamdani mayoral win in NYC could mean for banks
New York City mayoral candidate Zohran Mamdani’s primary win has banks with high exposures to rent-regulated real estate on edge. Mamdani, who has vowed to freeze rents on rent-stabilized apartments if he’s elected mayor, won over New Yorkers during the Democratic primary as their city’s housing market grows more expensive and competitive. The primary results […]
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