Billionaire Barry Sternlicht criticized New York Mayor Zohran Mamdani's housing policies, blaming union costs for expensive development and predicting worsening conditions. Sternlicht argued that a focus on increasing housing supply, with government subsidies…
Zohran Mamdani to turn housing in NYC highly expensive? Barry Sternlicht, real estate billionaire, raises concerns as he criticizes NYC's new mayor’s housing policy; here’s what he said
