Off The MRKT

Your guide to New York real estate and more

Off The MRKT - Where New York's, Real Estate, Life Style, and Culture Converge

  • Real Estate
    • New York
    • Hamptons
    • Connecticut
    • Florida
    • Submit Your Open House
  • Food & Wine
    • Wine and Spirits
    • Where To Drink and Eat
  • Events
    • Events Gallery
    • Submit an event
    • Calendar Listings
  • The Look
    • Travel
    • Health and Beauty
    • Fashion
    • Lifestyle Guide
  • About

The Unintended Consequences of Nominating a Socialist Mayor

June 25, 2025 by Jeremy Lindy

As a longtime broker working with New York’s most discerning clients, I’ve come to recognize subtle shifts in psyche long before they materialize in market data. Following the results of last night’s mayoral election, one of those shifts is underway.

While no mass exodus is occurring, the conversations among high-net-worth property owners are different today than they were even a week ago. There is concern—measured but real—about the direction the city may take under this new administration. For many, it’s not just about politics; it’s about values, stability, and the long-term vision for the city they’ve invested in, both financially and emotionally.

Some are beginning to weigh their options. These aren’t panic-driven decisions, but calculated ones. The potential for increased taxation, changes to property policies, concerns for safety, and a broader sense of unease about the city’s leadership are causing people to ask: Is now the time to consider a change?

For some, that might eventually mean selling and relocating to states where the financial and political climate feels more aligned with their priorities. For others, it may simply mean watching closely and holding decisions for a later date. But the conversation is undeniably happening.

New York is always in flux—that’s part of its identity. What we’re seeing now is not an end, but a turning point. Whether this moment becomes a footnote or a catalyst will depend, in part, on how the election unfolds in the coming months.

— Steven Cohen


Have a listing you think should be featured contact us or submit here to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Submit Your Listings
Featured
Jul 1, 2025
The Greenwich by Rafael Viñoly Begins Closings, Ushering in a New Era of Downtown Luxury
Jul 1, 2025
Jul 1, 2025
Jun 26, 2025
220 East 9th Street, Downtown's Next Iconic Condo, Now Under Construction
Jun 26, 2025
Jun 26, 2025
Jun 26, 2025
5 Ways To Protect Your Luxury Home in the Hamptons
Jun 26, 2025
Jun 26, 2025
Jun 25, 2025
Designing and Developing 32-34 Walker Street in Tribeca
Jun 25, 2025
Jun 25, 2025
Jun 24, 2025
Hudson Yards Goes Green: Manhattan’s Luxe Concrete Jungle Embraces Wellness and Sustainability
Jun 24, 2025
Jun 24, 2025
Featured
Image 1.jpeg
Jul 1, 2025
The Greenwich by Rafael Viñoly Begins Closings, Ushering in a New Era of Downtown Luxury
Jul 1, 2025
Jul 1, 2025
OFFSHORE Montauk Opens with Star-Studded Saint Spritz Bash
Jul 1, 2025
OFFSHORE Montauk Opens with Star-Studded Saint Spritz Bash
Jul 1, 2025
Jul 1, 2025
CHILI dishes.jpg
Jun 30, 2025
Off the MRKT Favorites: Must-Have Picks for June 2025
Jun 30, 2025
Jun 30, 2025
June 25, 2025 /Jeremy Lindy
Byline, New York
  • Newer
  • Older
 
Off The MRKT Articles RSS

Follow Off The MRKT: Facebook | Twitter | Instagram
Contact us: Jeremy@Offthemrkt.com                                                                                           

Advertise | Off The MRKT Internship Program | Byline | Bible

Want More?

Want more awesome content like this? Sign up and get our best articles delivered straight to your inbox!

Thank you!
Our favorite listing this week is 508 West 24th Street, Unit 5th Floor, home to NBA Player Carmelo Anthony. The ten-time NBA All-Star, has listed his New York City condo. The home is the largest unit in the Cary Tamarkin designed building at 508 W 24
251 East 51st Street, Unit 2M, listed on the market as a Compass "Coming Soon," is a recently renovated, perfect pied-a-terre (and ideal one bedroom for all the rest of us). What truly sets this pad apart from the rest is the dreamy outdoor
Our last #openhouse roundup will you be checking out this #parkslope home?

#nycrealestate #brooklynrealestate #milliondollarlistings #luxuryhomes #OffTheMRKT
DNA Development announced that closings have commenced at 350 West 71st Street, the successful Upper West Side luxury conversion that seamlessly combines two historic pre-war buildings into one stunning contemporary condominium with a classic fa&cced
Our favorite listing this week is located at One West End, the sculptural glass residential tower designed by Pelli Clarke Pelli within Riverside Center. At $19.5 million, 29B offers 5,302 square feet of interiors space, with four bedrooms, five and
Looking to live in one of the trendiest neighborhoods in Manhattan? SoHo offers some of the most luxurious prime New York Real Estate. Known for its largest collection of incredible architecture in the entire world, SoHo is the heart of the historic
Following the unveiling of Rose Hill, one of the new residential developments in Manhattan's NoMad neighborhood that represents a modern era of Gotham-esque architecture and design by award-winning New York-based design firm CetraRuddy, legendary dev
The ethereal master bath at @theXInyc West Tower Penthouse features a custom sandblasted verde caldia floor, a carved verde scuro tub, and bronze vanities with marble tops designed by #AD100 French interior architect @pierre.yovanovitch.

Situated in