Real estate, business leaders blast Mamdani’s NYC housing plan as heavy-handed big government
Real Estate
Zo’s building a house of cards. Big Apple real estate and business leaders blasted Democratic socialist Mayor Zohran Mamdani’s freshly unveiled housing plan Tuesday for pressing private enterprise with a heavy government hand. Mamdani’s goal of building 200,000 new affordable homes is a “moral imperative,” but his decisions to do so by imposing potentially crushing minimum wage mandates and restricting property sales will slow construction and preservation, argued Steve Fulop, president of the
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