In the past 20 years, New York City and its co-op/condo community has survived three major historical events: the attacks of 9/11, the Great Recession, and the COVID-19 pandemic - all while being led by two mayors from different ends of the political spectrum. Now, as we edge into recovery after the worst public health crisis in a century, we must pick a new mayor to lead us forward into the next incarnation of our city. While the current crop of Democratic and Republican candidates hasn’t said much to directly address the needs and concerns of the condo and co-op ownership community, they have spoken on issues and subjects relevant to it. These issues include taxes, crime, and necessary changes to fight climate change.
There are about a dozen candidates running as Democrats, and two on the Republican ticket. Ken Fisher, an attorney with the real estate division of Manhattan-based law firm Cozen O’Connor and a former New York City Council member, divides the candidates into three tiers:
According to Fisher, on the Democratic side “The front runners are Eric Adams, Katherine Garcia, Scott Stringer, Maya Wiley, and Andrew Yang. A second tier consists of Sean Donavan, Ray McGuire, and Dianne Morales - they were credible candidates out of the gate, but didn’t really catch on. The final group was largely unknown to begin with and remains so.”
On the Republican side are radio host and Guardian Angels founder Curtis Sliwa and businessman-activist Fernando Mateo. “No disrespect to Curtis Sliwa and Fernando Matteo,” adds Fisher, “but the chances of a Republican being elected are slim. The brand was pretty damaged by Donald Trump, who only won 22.6% of the vote here.”
The field is further complicated by the introduction in this election cycle of ranked choice voting. Conceived as a way to achieve broader inclusion and participation in elections, ranked choice voting provides voters with the ability to choose multiple candidates in order of personal preference, ranking up to five candidates. If a voter’s first choice does not come out on top, their vote will be shifted to their second choice, and so on down the list, until a winner is selected. In theory, this mode of voting should produce a candidate with at least 50% support. Fisher notes that “Any one of these candidates could be elevated under the new ranked choice voting system.”