NY Real Estate Execs Not Confident In De Blasio, Survey Says

Law360, New York (December 17, 2013, 3:48 PM EST) -- New York City commercial real estate executives are bracing for the worst with incoming Mayor-elect Bill de Blasio with most saying they lack confidence the new mayor will support the interests of commercial real estate, according to a survey conducted this fall by accounting firm Marks Paneth & Shron LLP.

In the survey results released Tuesday, only 7 percent of New York City commercial real estate executives questioned responded that they are "very confident" that de Blasio will be a strong supporter of the interests of commercial real estate owners. This is a stark contrast from the 76 percent who were...

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