Real estate experts are sounding the alarm over what could happen to New York City townhouse owners if mayoral candidate Zohran Mamdani wins the election. The self-described "Democratic socialist" has taken the city by storm with a housing platform that includes a rent freeze and higher taxes on top earners. The so-called "Mamdani Effect" has rippled through the city since his campaign began, with Manhattan’s suburban housing markets seeing a surge in demand."Everybody is gearing up for sellers of townhouses, in particular," said Dolly Lenz, CEO of Dolly Lenz Real Estate, said Tuesday on "The...

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