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Best & Final: Ballot + Brokerage Shrinkage (September 30, 2025)
BEST & FINAL
7 minutes
1 month ago
Best & Final: Ballot + Brokerage Shrinkage (September 30, 2025)
Today’s Best & Final covers a political jolt for New York real estate as Mayor Eric Adams exits the mayoral race, leaving the industry to weigh the starkly different platforms of Zohran Mamdani and Andrew Cuomo. We also break down Compass’s $1.6 billion takeover of Anywhere Real Estate, creating a brokerage titan that now controls more than a quarter of New York’s market volume. Plus: the surge in air rights trading, new housing developments from Midtown to Long Island, and a $38 million Fifth Avenue co-op sale.