Image
Image
New York City is less than a week away from Election Day. The polls open this coming Tuesday, November 2 at 6 am and early voting is already underway, running through October 31st at 4 pm. While I try to stay above the fray of politics, it’s important to remind ourselves ‘elections have consequences’. Making a little time to do homework on the candidates and where they stand on issues that affect you personally can go a long way and really make a difference.

Recently, Brown Harris Stevens CEO Bess Freedman spoke with Matt Miller of Bloomberg Markets to discuss the NYC Mayoral Race. Some key takeaways from the conversation were that crime has picked up in the city, although nothing like the 1970s, but still very much an issue that requires attention from the new mayor. Safety must be a priority as crime can affect property values. She also pointed out that it’s not just the mayoral race we should pay attention to, but the city council and comptroller races too. We need to work with legislators in Albany to make sure we have responsible tax policy, otherwise we’re at risk of driving companies out of New York, which could very likely impact our local economy.

Other key topics important to voters that affect our city and how we live are Covid and schools, which the mayoral candidates addressed with PIX11 news earlier this week. These are issues that can have dire consequences if not dealt with properly. Bess offered some good advice by recommending not only paying attention to who is running, but also who is endorsing them. There is a lot to research and consider before making your decision. Fortunately, there are a number of voter guides that are helpful. NYC Votes is one of them and offers an easy-to-digest overview on the candidates by race, and is presented in a user-friendly format.

I realize today’s email is a slight departure from my standard “real estate” beat, but I thought it was worth sharing information that might be helpful to you as you prepare to go to the polls; because in the end, there may be issues that directly affect you and/or indirectly impact our city’s housing market.

I would like to close by soliciting input from you about any real estate related topics you would like me to cover in future emails. I tend to write about what’s happening in the market in real-time, but I also want to make sure I’m giving you content that you can use or reference later down the road. I look forward to your feedback.
Image
Serjik "Serj" Markarian
Licensed Associate R. E. Broker
Image
Image
My business is proudly built on referrals. Who do you know that I can help find their perfect home?
Image