Economy
New York real estate developers learn to love Zohar Memdani
Anger over cost of living in New York was one of the factors that led to the election of Zohar Memdani, who promised to freeze rent on regulated apartments. But at the same time, given the severe shortage of rental apartments, the mayor also encourages real estate development of all types, including luxury apartments.
· Source: TheMarker. Photo as published in article.
Anger over cost of living in New York was one of the factors that led to the election of Zohar Memdani, who promised to freeze rent on regulated apartments. But at the same time, given the severe shortage of rental apartments, the mayor also encourages real estate development of all types, including luxury apartments.
