Overview
- An AtlasIntel survey reported by the New York Post shows Zohran Mamdani’s lead narrowing to four points over Andrew Cuomo going into Election Day.
- Cliff Asness labeled the proposed rent freeze a “hydrogen bomb” for the real estate market, echoing Fortress co-CEO Drew McKnight’s warning that it would choke new supply.
- Policy analysts and the New York Apartment Association argue a freeze would deter construction and shift costs to market-rate tenants, with scope disputed between roughly 1 million stabilized units and the campaign’s claim of about 2 million residents affected.
- Pressed on MSNBC’s Morning Joe about costs, Mamdani said a $30 minimum wage would be phased in for small businesses and that grocery-store tax breaks would be redirected to fund five city-run markets.
- Critics cite failed municipal grocery experiments and caution that fare-free buses could carry higher-than-advertised costs, while major tax hikes for new programs would require approval from Albany.