New York’s political and financial leaders have launched efforts to combat Mayor Zohran Mamdani’s policies that they say have driven multiple billionaires to look elsewhere for their business homes.
After Mamdani named Citadel LLC CEO and owner Ken Griffin in an advertisement for a new tax on second homes in the city, Griffin publicly rebuked him as “creepy.”
The COO of Citadel then indicated in a letter to employees that the company may not move forward with plans to continue a $6 billion renovation of a new Midtown Manhattan office skyscraper.
“What the mayor of New York has made clear to my partners… and principally my New York partners… is that we need to double down on our bet in Miami, because we want to be in a state that embraces business, that embraces education, that embraces personal freedom and liberty, and that embraces people having an opportunity to live the American Dream,” Griffin said during the Milken Institute Global Conference in New York City on Tuesday.
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Now, local business leaders are pledging time and money into a campaign hoping to keep business in the Big Apple.
Andrew Murstein, founder of Medallion Financial Corp., launched Operation Boomerang in an effort to lure defectors back to New York.
Murstein pledged $1 million of his own money into the effort, which will see him sending New York hot dogs, bagels and Katz’s Deli to businesses that fled to Florida, he told the New York Post.
“The last 10 years with mayors and governors, those things pass, and they should be in it for the long run,” he told the Post. “I’m trying to convince them not to abandon ship. Whatever it takes.”
MAMDANI’S CLASS WARFARE AGAINST NEW YORK BUSINESSES IS ‘ECONOMIC VANDALISM’
Murstein also added that he’s going to leverage his initial contribution into the campaign to raise more money, which he anticipates will net the project between $20 million and $30 million, according to the Post.
Former Mayor Eric Adams also lent his voice to re-luring efforts, imploring Griffin to “stand your ground,” in a post on X.
Mamdani’s attacks on the rich have even spooked his own employees, according to the Post’s sources.
“The mayor’s office is feeling pressure around this, and they are looking for ways to change the narrative around business,” an anonymous local business leader reportedly told the Post.
“They’re in a pickle because he’s hearing all the business leaders are looking for exit strategies now and Mamdani needs money and needs to keep his base happy,” the source allegedly continued.
“This might be an inflection point because NYC is already a welfare state supported by very few people at the top who can leave,” the source concluded, per the Post.
NYC business owner kickstarts million dollar campaign to combat Mamdani-driven business exodus 2026 IUSTITIA.BG – Investigations 2009-2025 2026-05-08 19:04:33 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
