We just lived through one of the most emotional mayoral elections I have ever seen in all my years in New York—and it ended with a historic first. A 34-year-old democratic socialist has been elected the 111th Mayor of New York City. The impact, at least judging from the news cycle, stretched far beyond our city. I experienced this firsthand through the two dozen or so texts, calls, and emails I received from real estate colleagues across the nation asking everything from “Are you ok?” to the more rational “What do you think this means for New York?” To which I answer: I don’t know—yet.

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