Karen Bass concedes as real estate braces for what’s next with LA mayor-elect Nithya Raman
Frustration over Los Angeles’ direction the past four years culminated in a mayoral win for Nithya Raman as real estate now wonders what shape policymaking takes in the city. Incumbent Mayor Karen Bass conceded the race against Raman as ballots are still being counted. Raman was leading by just over 52 percent versus Bass’ 47.9 percent, with more than 75 percent of the votes counted. Bass said in a statement Thursday that she called Raman to offer her congratulations. “While this is not the outcome we hoped for, the people of Los Angeles have spoken,” she said. Raman’s win over […]This article originally appeared on The Real Deal. Click here to read the full story.
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