Mamdani's Tax the Rich Agenda Isn't Spooking Wall Street (opens in new tab)

Earlier this month, real estate giant RXR and its partner TF Cornerstone filed for a permit to tear down the Grand Hyatt Hotel famously built by Donald Trump and replace it with a 95-story office building that will cost $6.5 billion to construct. The project won City Council approval back in 2021, but is finally […] The post Never Mind Mamdani: Wall Street Doubles Down on NYC appeared first on THE CITY - NYC News.