New York City's suburbs have experienced an uptick in housing demand from wealthy residents in recent months, according to local real estate agents, as high earners scared off by Zohran Mamdani's mayoral primary victory look for plan B within a reasonable distance.
Before this year, Mamdani was hardly a household name. Now, the 33-year-old Democratic Socialist state assemblyman is the man most likely to become New York City's next mayor.
They're looking for a place to shelter their wealth -
Interesting. So the Ayatollah Mamdani is proposing a wealth Tax?
No. That's not what he's proposing.
Rather, "he has proposed creating an additional tax bracket for New York City residents with income over $1 million, which would be taxed at 5.9%.". The current max is 3.876%. www.cityandstateny.com
Related...
A recent poll ...
Fox News Poll: Mamdani maintains significant lead in NYC mayoral race
www.foxnews.com
... Voters see Mamdani, Cuomo as strong leaders but more say Mamdani will bring needed change ...
All that gives the self-described Democratic socialist a 21-point lead among New York City registered voters: 49% back Mamdani, while 28% go for independent candidate Andrew Cuomo and 13% favor the Republican nominee, Curtis Sliwa.
Mamdani rises above the 50% threshold among likely voters, garnering 52% support (28% for Cuomo, 14% for Sliwa). ...
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