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Shares of firms tied to NYC real estate tank over fears of Mamdani’s rent freeze: ‘Zohran effect’

Shares of firms tied to NYC real estate tank over fears of Mamdani’s rent freeze: ‘Zohran effect’

Real-estate investment firms and Big Apple offices were quick to feel the burn from Zohran Mamdani’s rent-freeze platform, which analysts have warned could spur an outmigration of high earners and corporate giants.

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