Mamdani's wife skips America's 250 for an Islamic wellness retreat in Spain.
Congratulations NYC. You will soon become London 2.0 with that man at the helm .
I've stayed away from this thread but figured I'd chime in as someone who lives very close to NYC. NYC is lost. Two terms of the clown Deblasio and now Mamdani. We are watching it go from it's renaissance in the early 2000's to back to the 70's and 80's.
My family no longer visits. Too dangerous with the kids. Random attacks, instigating in Times Square, subway hooligans/degenerates, etc. Areas you never thought you'd run into issues have open air drug use, violence, reaction-baiting, and all sorts of despicable behavior.
He's lit the real estate in northern NJ, Westchester, LINY on fire. Houses in Bergen County NJ are going for $100,000's over ask with cash offers. People are fleeing in droves. Most of my wealthy clients are out. They are renting their properties for insane prices and living in the Hamptons, Florida, Texas, etc. I have one client who has properties in upper Manhattan. They rent them out, make a killing, and come from their home in the Hamptons once a week to the office.
The wealth-hole this is going to create is massive. They played the Robin Hood tax the rich game and are going to find out it's a losing, self-destructive, battle. The money always wins in the end. The losers end up being the forgotten poor folks who are stuck paying $5000 a month for a 2 bedroom apartment they share as a family of 5.