Commercial Real Estate Remains Behind Kathy Hochul and Eric Adams — Results or Not

Monday, April 17, 2023

Ken Fisher is quoted in a Commercial Observer article on key issues facing the real estate industry, including rising construction costs and affordability concerns. The article discusses Governor Kathy Hochul’s and Mayor Eric Adams’ support for the real estate industry while emphasizing the need for affordable housing and infrastructure investments.

However, Hochul's promises of collaboration with lawmakers have been challenged, and her housing agenda is facing obstacles from legislators who have different priorities. Hochul seeks to push her agenda forward as negotiations on housing and other issues continue.

“We won’t see where real estate winds up with Albany until we see the white smoke coming from Kathy Hochul’s ears,” Ken states.

To read the full article, click here.

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