Thursday 30 July 2020

What Albany’s socialist shakeup means for real estate

Socialists proved this summer that they can win elections in New York City. But can they pass bills in Albany? It’s a crucial question for the real estate industry in the wake of several primary wins by Democratic Socialists of America–backed candidates that are tantamount to victory in November. Socialists will hold only a handful of seats in the 213-member legislature, but more moderate Democrats now figure to give their causes more attention to ward



source https://therealdeal.com/2020/07/30/what-albanys-socialist-shakeup-means-for-real-estate/

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