Odd Lots What NYC's Most Powerful CEOs Think About Zohran Mamdani
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Jul 11, 2025 
Kathy Wylde, President and CEO of the Partnership for New York City, dives into the reactions of NYC's business elite to socialist candidate Zohran Mamdani's rise. She reveals their fears about what a socialist mayor could mean for the economy and the urgency in fostering dialogue between Mamdani and business leaders. Discussions touch on the tension between capitalism and socialism, the evolving relationship with the Jewish community, and the grassroots momentum behind Mamdani’s campaign, highlighting concerns over safety, housing, and the city's future.
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Business Elite Shocked by Mamdani Win
- The business elite were shocked by Zohran Mamdani's primary win, having been convinced Cuomo would be the nominee.
- Mamdani was a largely unknown candidate to them before election night, which caused initial hysteria.
Advising Mamdani on Key Issues
- Mamdani should build constructive ties with the Jewish community and focus on realistic affordability solutions.
- Government spending alone won't solve affordability; raising taxes impacts cost of living and doing business.
Safety and Affordability as Priorities
- Public safety and affordable housing top business leaders' concerns about New York City's future.
- A safe, affordable city is crucial to attract and retain the talent pool businesses depend on.