Real estate expert sends warning to NYC townhouse owners over possible Mamdani win

Real estate experts are sounding the alarm over what could happen to New York City townhouse owners if mayoral candidate Zohran Mamdani wins the election. The self-described "Democratic socialist" has taken the city by storm with a housing platform that includes a rent freeze and higher taxes on top earners. The so-called "Mamdani Effect" has rippled through the city since his campaign began, with Manhattan’s suburban housing markets seeing a surge in demand."Everybody is gearing up for sellers of townhouses, in particular," said Dolly Lenz, CEO of Dolly Lenz Real Estate, said Tuesday on "The