New York real estate agents fear exodus of high-net worth residents after Mamdani win | CNN Business

CNN  — 

In the days after Zohran Mamdani won the Democratic primary for mayor of New York City last month, Jay Batra, a real estate broker in the city, felt his business take a hit.

Two separate clients working with Batra to buy multimillion dollar properties in Manhattan told Batra they were putting their plans on pause, citing wariness about New York’s political environment, he told CNN.

“A lot of the affluent clientele and luxury buyers have become a little more cautious in their approach,” Batra said. “The more traction (Mamdani) gained, it

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