The Weekly Dirt: Mamdani effect takes center stage in Miami

New York City’s Mayor-elect Zohran Mamdani was on the minds of Miami developers, brokers and billionaires last week.  His win on Tuesday has fueled a number of memes and social media posts claiming that a mass exodus of wealthy New Yorkers to Florida is already underway. He’s promised to freeze rents on rent-stabilized buildings and increase corporate and income taxes.  At The Real Deal’s Miami Real Estate Forum, held on Wednesday and Thursday, Mamdani was at the center of many conversations. While he disagrees with Mamdani’s politics, hospitality mogul Sam Nazarian said his campaign “hit a chord for the next […]This article originally appeared on The Real Deal. Click here to read the full story.