NYC Real Estate Outlook as Mayoral Race Underway

Kevin Kajiwara from Teneo discusses how ongoing tariffs are affecting C-suites and boards, causing distortions in company behavior amid uncertainty. He shares insights during a conversation with Katie Greifeld and Matt Miller on 'The Close'.

Jared Holz from Mizuho Securities believes that Pfizer might make another bid in the obesity category. During an interview on 'The Close,' he hinted that Pfizer's recent efforts may not be their last, suggesting ongoing interest in this market.

Kathy Wylde, the president and CEO of Partnership for New York City, reassures that a potential win by NYC Mayoral frontrunner Zohran Mamdani won't lead to a crisis for businesses or a mass departure of wealthy residents from the city.

In the recent elections, at least 26 billionaires contributed to groups that opposed Zohran Mamdani, the democratic socialist candidate for mayor of New York City. This significant financial backing highlights the influence of wealthy donors in local politics.

In today's Bloomberg Businessweek Daily, hosts Emily Graffeo and Matt Miller delve into important off-cycle elections, including the New York City mayoral race and the New Jersey gubernatorial election. They are joined by Myles Miller and Romaine Bostick for updates. Additionally, Chad Zamarin, CEO of Williams Companies, discusses the rising demand for gas infrastructure in the context of the AI boom, while Kathryn Wylde from the Partnership for New York City shares insights on Zohran Mamdani's leadership.

Jaime Magyera from BlackRock highlights how women are set to benefit from the upcoming 'Great Wealth Transfer,' where significant wealth will be passed down through generations. This discussion is crucial as it sheds light on women's investment habits, risk tolerance, and philanthropic interests, empowering them to make informed financial decisions. Understanding these trends can help women navigate their financial futures more effectively.

Zohran Mamdani is entering Election Day with a strong lead in the race for New York City mayor, positioning him as the favorite to win. This is significant not only for Mamdani, a democratic socialist, but also for the political landscape of NYC, as he competes against notable figures like former governor Andrew Cuomo and Republican Curtis Sliwa. The outcome could reshape the city's future and reflect changing voter sentiments.

The New York mayoral race is shaping up to be a significant test of economic populism, with candidate Mamdani challenging the established political figure Cuomo. This election is not just about local governance; it reflects a broader generational and ideological divide that could influence political dynamics across the nation. As voters weigh their options, the outcome may set a precedent for future elections, making it a pivotal moment in American politics.

Apollo CEO Marc Rowan has reassured investors by addressing concerns regarding the health of the private-credit asset class, easing worries and highlighting the stability of the sector.

Apollo CEO Marc Rowan has reassured investors by addressing concerns regarding the health of the private-credit asset class, easing worries and highlighting the sector's resilience.

Aviat Networks reported a remarkable 21.4% increase in revenue for Q1 FY2026, surpassing market expectations. This growth highlights the company's strong performance and positive outlook in the telecommunications sector.

Stoke Therapeutics recently presented its Q3 2025 results, showcasing impressive revenue growth alongside significant advancements in its clinical programs. The company's progress highlights its commitment to developing innovative therapies, making it a key player in the biotechnology sector.

Amgen has reported a 12% increase in revenue for Q3 2025, prompting the company to raise its guidance due to strong product performance. This positive trend highlights the effectiveness of their strategies and the growing demand for their offerings.

Corsair's Q3 2025 slides indicate a strong growth trajectory, despite missing earnings forecasts. The company is navigating challenges while showcasing resilience in its performance.