Thematic category covering residential and commercial real estate assets located in New York City.
1 take · first discussed Jun 28, 2025
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
The only host to weigh in is Chamath, who holds a bearish, medium-conviction view on New York City real estate as of late June 2025. He attributes his negative outlook specifically to what he characterizes as socialist policies under Mamdani, predicting a significant crash before any eventual recovery. With only one host's thesis provided, there is no agreement or disagreement among the group to note.
Chamath argues that Mamdani's socialist policies will cause NYC real estate to crash, explicitly stating he would be short NYC real estate.
I would be short New York real estate. I think it's going to crash and burn, and then of course pick up the pieces and we'll reset.”1:01:33