The outcome of New York's mayoral election on Tuesday may wind up putting pressure on some specific stocks. Democratic nominee Zohran Mamdani, who has consistently led the polls heading into Election Day, wants to freeze the rent on rent-stabilized apartments in the city. He's facing former Democratic Governor Andrew Cuomo, running as an independent, and Republican Curtis Sliwa, founder of Guardian Angels. That rent freeze could have implications for companies operating in New York that have exposure to rent-regulated real estate. About 1 million apartments in New York City are rent stabilized. A pause on increases would hurt those companies' profits. Regional bank exposure Regional bank Flagstar Bank , for instance, has a portfolio of loans that includes rent-stabilized units in New York.

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