Google founder Sergey Brin exits New York real estate after mayor Zohran Mamdani's rent freeze: Sells for just 6 cents on...
Google co-founder Sergey Brin has divested his stake in a New York City real estate fund for a fraction of its value, selling for just six cents on the dollar. This significant loss comes as Mayor Zohran Mamdani's rent freeze tightens conditions for landlords. The fund, A&E Real Estate, confirmed the sale, citing the challenging market for rent-stabilized apartments.
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