News

New York City Mayor Eric Adams Launches Bid for Re-Election
New York City Mayor Eric Adams is running for re-election as an independent candidate after forgoing the Democratic primary.
New York Office REIT Sell-Off Overdone After NYC Mayoral Primary, Analyst Says
The sharp selloff in New York office REITs in response to leftist Zohran Mamdani’s upset victory in New York City’s ...
New York City's mayoral primary casts bright light on ranked choice voting — and its future nationally
New York City's high-profile mayoral primary this week shined a bright light on the nation’s ongoing experiment with ranked ...
Wall Street Panics Over Prospect of a Socialist Running New York City
Democratic Socialist Zohran Mamdani’s stunning primary win is rattling the financial industry that had backed Andrew Cuomo.
Progressives just won big in New York's second-largest city
Democrats in several of New York's largest cities backed more progressive candidates on Tuesday as the party remains divided ...
New York Banks, REITs Fall as Mamdani's Mayoral Lead Stokes Rent Freeze Worries
On the campaign trail, Mamdani, a 33-year-old state lawmaker and self-described democratic socialist, vowed to lower costs ...
New York’s Housing Crisis Is So Bad That a Socialist Is Poised to Become Mayor
Zohran Mamdani, a 33-year-old pledging rent freezes, has leapt to the forefront of Tuesday’s primary.
Mamdani’s victory could be a loss for investors in these New York City real-estate stocks
Worries about higher taxes for companies and ultrawealthy people and more regulations is hurting the stocks of some New ...