The Conservative Cave
Current Events => General Discussion => Topic started by: SSG Snuggle Bunny on June 25, 2025, 12:16:19 PM
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(http://ace.mu.nu/archives/zohransagenda.jpg)
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NYC will be diving deeper into its shit-hole-dom.
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NYC will be diving deeper into its shit-hole-dom.
Just a quick checklist of cities where I have no desire to visit anymore or live in:
NYC
LA
Chicago (served my time there when the Democrats were at least sane)
Baltimore
Philly
San Francisco
Minneapolis
Milwaukee
Portland
Seattle
Atlanta
Probably more...feel free to add.
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Oakland
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Oakland
Boston.
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Commies are bad for business:
https://nypost.com/2025/06/25/business/shares-of-nyc-real-estate-firms-tank-over-fears-of-mamdanis-rent-freeze-zohran-effect/
Shares of firms with exposure to New York City's real-estate market were hammered Wednesday as investors panicked over the growing prospect of rent-freeze advocate Zohran Mamdani winning City Hall.
Vornado Realty Trust and SL Green, two of the Big Apple's largest developers, each plunged more than 5%.
Other real estate investment trusts (REITs) with heavy ties to the city also suffered. Equity Residential and Empire State Realty Trust fell 3% and 4%, respectively. LXP Industrial Trust was down 2.5%.
Investors also sold off shares in New York banks with major real estate portfolios.
Flagstar Financial and Dime Community Bank fell 5% and 4%, respectively, while Flushing Financial slipped 3%.