Wall Street is the city’s economic engine–and they won’t let the young mayor forget.

But talking about who will be the next mayor is a way of talking about the future of the city: what New Yorkers will want in four or eight years, and what they will reject. It’s also a chance to observe how each political mind approaches the question.

And for now, there also still seems to be some demand for very high-end real estate in the city. Oshan noted in its latest report that its top contract (17) was for a 3,889-square foot, $17.6 million condo on Fifth Avenue with 10-foot-plus ceilings, four bedrooms, four and-a-half bathrooms and a sweeping view of Madison Square Park.

New York City Mayor Zohran Mamdani announced a set of reforms that will streamline affordable housing projects across the city.

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. In his first 100 days in office, New York City ...

International Money Express (IMXI) dropped 3.5% on a report that New York City Mayor Zohran Mamdani is trying to kill the Western Union (WU) deal. Mamdani is pushing for New York state's top financial regulator to challenge Western Union's (WU) $500 million purchase of International Money (IMXI),

More big bucks are heading to Albany. In a news release issued Tuesday, state Gov. Kathy Hochul and Mayor Zohran Kwame Mamdani announced new state support and actions to help New York City close its budget deficit ahead of the release of Mamdani’s Fiscal Year 2027 Executive Budget.

By Jonathan Allen NEW YORK, May 8 (Reuters) - New York City Mayor Zohran Mamdani's best-known campaign promise was tentatively advanced in a cacophonous college auditorium as a city housing board agreed in a provisional vote to consider freezing the rent for about a million regulated apartments.