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Chris Remington ( remington@beehaw.org ) MA to Politics · 11 months ago

No one leaving New York City because of Mamdani, say two top real estate CEOs

www.cnbc.com

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No one leaving New York City because of Mamdani, say two top real estate CEOs

www.cnbc.com

Chris Remington ( remington@beehaw.org ) MA to Politics · 11 months ago
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New York City Mayor-elect Zohran Mamdani's democratic socialist views spark fears companies and capital will flee, but top real estate CEOs say it's not true.
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  • ExistingConsumingSpace ( ExistingConsumingSpace@midwest.social ) 
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    11 months ago

    That claim is so goofy. There’s too much money to be made in NYC, even with higher taxes. Furthermore, three city is a cultural center that they absolutely want to be a part of.

  • t3rmit3 ( t3rmit3@beehaw.org ) 
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    11 months ago

    spark fears companies and capital will flee

    No, it sparked bad faith fear mongering claims, but those didn’t actually fool anyone.

  • wicked_samurai ( wicked_samurai@beehaw.org ) 
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    11 months ago

    “All of us vital businesspeople are gonna leave and then you’ll be sorry!” just sounds better than “Those of us who make more than two million dollars don’t want a two-percent income tax increase!” It was obvious hyperbole but it does make me chuckle now 😄

  • ninjaphysics ( ninjaphysics@beehaw.org ) 
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    11 months ago

    I forgot about the power struggle between the gov and mayor of NYC, and how close we are to the election… Sits back with popcorn

    2026 will be an interesting year.

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