As Zohran Mamdani edges closer to winning New York City's mayoral election, affluent families in the wealthy suburbs are scrambling to secure spots at top-tier private schools. The surge in interest has been fueled by concerns about Mamdani's plans to halt the city's "gifted and talented" program for kindergartners, a move that could significantly impact the education system.
In Greenwich, Connecticut, one of the most sought-after suburbs, families are flocking to prestigious private schools like Greenwich Country Day. An open house at the school recently drew so many interested parties that organizers had to set up an additional auditorium to accommodate them all.
The allure of Mamdani's leadership and his proposed policy changes has sent shockwaves through the real estate market, with properties in suburban areas such as Connecticut and Westchester being snatched up in record time. As a result, prices are skyrocketing, with properties selling for tens of millions of dollars – even days before they hit the market.
Industry insiders point to "Mamdani flight" as the driving force behind this sudden surge in demand. The concern among prospective families is that Mamdani's policies will lead to reduced funding for the city's public schools, making it harder for them to compete with private institutions like Greenwich Country Day.
The school's impressive alumni list – which includes former President George H.W. Bush and tech mogul Cameron Winklevoss – only adds to its allure. However, tuition fees at Greenwich Country Day are steep, ranging from $46,430 for nursery school to $60,710 for high school.
As Mamdani continues to lead in the polls, it remains to be seen whether his policies will ultimately impact the education system and the real estate market. One thing is certain, however: affluent families in the suburbs are preparing for a significant shake-up as they scramble to secure spots at top-tier private schools before it's too late.
In upscale neighborhoods like Greenwich, the number of available properties has dwindled dramatically, with around 117 houses now on the market – down from over 800 just a few years ago. As competition intensifies, even multimillion-dollar estates are being snatched up in record time, leaving little room for negotiation.
The question on everyone's mind is: what will Mamdani's policies truly mean for families and students in New York City? Only time will tell if the allure of his leadership will prove to be a magnet for affluent families seeking an elite education.
In Greenwich, Connecticut, one of the most sought-after suburbs, families are flocking to prestigious private schools like Greenwich Country Day. An open house at the school recently drew so many interested parties that organizers had to set up an additional auditorium to accommodate them all.
The allure of Mamdani's leadership and his proposed policy changes has sent shockwaves through the real estate market, with properties in suburban areas such as Connecticut and Westchester being snatched up in record time. As a result, prices are skyrocketing, with properties selling for tens of millions of dollars – even days before they hit the market.
Industry insiders point to "Mamdani flight" as the driving force behind this sudden surge in demand. The concern among prospective families is that Mamdani's policies will lead to reduced funding for the city's public schools, making it harder for them to compete with private institutions like Greenwich Country Day.
The school's impressive alumni list – which includes former President George H.W. Bush and tech mogul Cameron Winklevoss – only adds to its allure. However, tuition fees at Greenwich Country Day are steep, ranging from $46,430 for nursery school to $60,710 for high school.
As Mamdani continues to lead in the polls, it remains to be seen whether his policies will ultimately impact the education system and the real estate market. One thing is certain, however: affluent families in the suburbs are preparing for a significant shake-up as they scramble to secure spots at top-tier private schools before it's too late.
In upscale neighborhoods like Greenwich, the number of available properties has dwindled dramatically, with around 117 houses now on the market – down from over 800 just a few years ago. As competition intensifies, even multimillion-dollar estates are being snatched up in record time, leaving little room for negotiation.
The question on everyone's mind is: what will Mamdani's policies truly mean for families and students in New York City? Only time will tell if the allure of his leadership will prove to be a magnet for affluent families seeking an elite education.