Mamdani Won. South Florida Expects a Real Estate Bump. NYT | Top Stories By: Patricia Mazzei 6 November 2025 at 07:36 Some brokers and developers in the region are waiting eagerly to see if the election of a democratic socialist will drive more wealthy New Yorkers south. © Scott Baker for The New York TimesSouth Florida has long been a mecca for Latin Americans fleeing left-leaning governments in their home countries.