Commercial Observer
July 6, 2025
Following Zohran Mamdani’s unexpected win over Andrew Cuomo in the Democratic primary, New York’s real estate and business sectors have voiced concerns about Mamdani’s proposed tax increases and housing policies. Kasirer President Suri Kasirer acknowledged Mamdani’s strong communication and organizational skills and urged real estate leaders to stay engaged with the city’s challenges, including affordability, public safety, and mental health.
Kasirer emphasized the importance of collaboration between the city and the real estate community to address these ongoing issues, underscoring the need for practical approaches that remain consistent regardless of political shifts. Her comments reflect Kasirer’s role in monitoring political developments that impact New York’s real estate landscape and advising stakeholders accordingly.