The Real Deal New York

TRD’s ballot guide

What the election means for New York City’s real estate industry

November 06, 2012 09:00AM

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From left: Barack Obama, Manhattan skyline, Mitt Romney

It’s finally here: Americans head to the polls today to decide who will be the next President and which party will take control of the U.S. Senate and the U.S. House of Representatives. New Yorkers will also vote on state Senators and Assembly members.

But what does it all mean for New York City’s real estate industry? Before casting your vote, check out The Real Deal’s ballot guide.

Last month, we took a look at the state and federal races notable for real estate professionals. The contest between President Barack Obama and Gov. Mitt Romney is a big one, of course, but a host of other battles will affect the industry in the coming years.

And since the places that politicians call home naturally impact their policies and positions, we provided a kind of “star map” for local elected officials. (Check out State Sen. Liz Krueger’s converted farmhouse on the Upper East Side.)

Lastly, in these post-Citizens United times, no discussion of electoral politics would be complete without following the money. We examined what landlords, developers and brokers get for their outsize contributions to state politicians, and we broke down the Obama and Romney campaigns’ fundraising from real estate players. Happy voting!–Leigh Kamping-Carder

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