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Rent-freeze plan sparks slide in NYC-linked REITs
Financial Express Chandigarh
|June 27, 2025
Shares of companies linked to New York City real estate fell on Wednesday as Zohran Mamdani, a state Assembly member who has vowed to freeze rents, looks all but certain to become the Democratic nominee for mayor.
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During his campaign ahead of Tuesday's primary, Mamdani called for a progressive agenda that also included cheaper groceries at government-owned stores and making city buses free, to be financed in part by tax increases. Former New York Governor Andrew Cuomo, who conceded on Tuesday night, has said Mamdani's plans would spur wealthy reside
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Financial Express Chandigarh
Apex court to hear cases virtually on Mondays, Fridays
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China to buy 200 Boeing jets, much lower than expected
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Trump leaves Beijing with few wins but warm words for Xi
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Ackman bets big on Microsoft recovery
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Fuel prices raised after 4 years; OMC losses persist
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Bulls lose grip after three weeks
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SAIL Q4 net profit jumps 42% to ₹1,680 cr
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1 min
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Financial Express Chandigarh
TaMo bets on 10% industry growth
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1 min
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Financial Express Chandigarh
Modi signs defence and energy pacts with UAE
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Financial Express Chandigarh
Inflation forecasts reset as OMCs pass on extra costs
THE ₹3/LITRE hike in petrol and diesel prices could push retail inflation up by nearly 15 basis points in the short term, economists said.
2 mins
May 16, 2026
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