Developers respond to looming Mamdani administration 

Every day brings New York City closer to an election that could prove to have major ramifications for real estate, which is responding with a groundswell of its own. At the start of the week, Jeff Blau and Aby Rosen organized a meeting of prominent developers to support Andrew Cuomo for mayor and oppose Zohran Mamdani, as first reported by The New York Times. Despite Cuomo’s primary loss to Mamdani, he is seen as a top contender, while incumbent Eric Adams is being pressured to suspend his re-election campaign. Worth noting: not every real estate figure opposes Mamdani. Affordable housing […] This article originally appeared on The Real Deal. Click here to read the full story.