Mamdani’s NYC Win and the 2025 New York-to-Miami Migration: What It Means for Miami Luxury Real Estate
November 4, 2025
From the #1 Douglas Elliman Team in Miami - The David Siddons Group The Big Picture Zohran Mamdani’s historic win as New York City Mayor marks more than a political milestone, it’s a potential inflection point for the city’s high-net-worth residents, investors, and businesses. His campaign platform, centered on wealth redistribution, expanded rent control, and progressive taxation, has triggered unease in NYC’s financial and real estate sectors. As Axios and the New York Post report, brokers and developers have already seen an uptick in inquiries [...]