WThe chicken Zahran Mamdani, a 33 -year -old socialist, won the municipal democratic nomination of New York last week over a veteran warrior but a scandal, the city’s financial elite criticized.
This was the beginning of “Hot Commy Summer” in the city, New York HedgeVund Billionaire Daniel Loeb It was published to X.. John Katsmsidis, CEO of billionaire for the grocery chain, and Donald Trump’s friend, warned of Fox Business: “If New York City is running socialist, he will close, sell or move definitely.”
CNBC Financial News Cannel, Joe Kernen compare New York with Batman Gotham Al -Marai by crime. “They take Wall Street and make them go out to the ice in the eastern river, then they fall. I mean that there is a classy war that occurs.”
With five months until the appropriate municipal elections, 1 % flourish, led by billionaire billionaire, Bill Akman, who said that he and others in the financing industry are ready to commit “hundreds of millions of dollars” in an opposition campaign. “The risks/bonus of candidacy for the mayor during the next 132 days are very convincing, as the cost in time and energy is small and the upper side is huge.”
Akman said he was “very concerned” because he believes that the policies of the left -wing candidate will lead to the exit of wealth that would destroy the tax base and undermine New York’s public services. The city is under Mamdani, it is to publish In Wedneday, “It is about to become more dangerous and unrealistic economically.”
In 2021, the highest 1 % of the New York City taxpayers paid 48 % of taxes – an increase of 40 % in 2019, according to a report issued by the city’s Ministry of Finance. But at the same time, New York has become an increasingly unbearable city for those outside 1 % – especially For colored people.
In a publication after one day, Akman said: “The ability of New York City to provide services to the poor and needy, not to mention the ordinary in New York, totally depends that New York City is a business friendly environment and a place where the wealthy residents are ready to spend 183 days and take over the associated tax burden. Unfortunately, both of them have already started arrangements to go out.”
“Terrorism is the feeling,” Catherine Wilde, CEO of New York City, who represents senior business leaders, told CNBC on Tuesday.
Gerard Felletti, the chief legal adviser to the LawFare project, the pro -Israel Thinktank Fund, the non -profit litigibility fund, and the strong relations with the financing industry, said that Mamdani’s nomination “is a dangerous turning point for the city.”
“There is great concern that companies and economics will be affected. There is already a step by business leaders and businessmen to consider a step outside the city, and take jobs and tax dollars with them, while the candidate is preparing to make more change that may destroy the economy.”
Anger was not necessarily purely economic. Wall Street decision -makers were shaken after seeing their favorite candidate, Andrew Como, who has paid aside despite the millions who poured his campaign.
The city collected the PAC Political Action Committee (PAC), recorded 25 million dollars to help Mamdani’s knowledge. Former New York Mayor Michael Bloomberg alone gave $ 8.3 million to PAC.
“These are billionaires who offer hundreds of thousands and millions of dollars to Andro Komo specifically because we know that we will impose taxes on them to make life more expensive here, in the most expensive city in the United States.” New York Times Before the elections. “They know that they can rely on Komo because Komo has a busy record in political donors’ reward.”
The New York Financial Chapter argues that it is not related to them but the future of the city. “When you look at what New York City and historically – the stronghold of trading, global capitalist center, economic growth and prosperity engine, the stock market, and a source of inspiration for other economies of the world to develop their markets and economies in line with New York – and now he saw the economy and the quality of life that is deteriorating slowly.”
“Now we have a democratic candidate in the foreground, which promises more radical change, and this change represents a threat to the New York Temple and the way people sympathize with New York City,” Feliti added.
It is an argument made by the wealthy several times before. Several 1 % threatened to leave after former Mayor Bill de Pacio called for raising their taxes to pay the loss of the losses that the city lived after the roaming epidemic. Wall Street Millions In the campaign of Mayor Adam in 2021 for positions to see more than the progressive candidates. They won these battles. This time, they lost.
“They are accustomed to Wall Street and Jabab on the finances of the finances to reach their way. They have never been on their way.”
Wall Street’s vision of the city is likely to be far from those that many other population shares in a sprawling city that usually hosted vibrant immigrant societies from all over the world, and many of them are poor. Of course, it hosts the statue of freedom, which was written on the base of the famous lines: “Give me fatigue, your poor, your frozen fans yearn for breathing.”
Manhattan was also the birthplace of the Wall Street occupation protests in the United States in 2011, which occupied a square downtown Zukoti – from Wall Street – and eventually witnessed protests scattered across the rest of the country and the world.
Democrats were quick to celebrate Mamdani’s victory. “Your dedication to New York City at reasonable and safe prices where working families can get a snapshot that has inspired people all over the city. They poured billionaires and pressure groups millions against you and the general financing system. She won,” books Actress Alexandria Okasio-Customs, another progressive, won against a more institution candidate.
Another critic of the Wall Street and the billionaire category also witnessed a change in politics as usual. “The American people started standing and resisting. We have seen that in many of the deadly few events that we have done throughout the country that drew a great turnout. We have seen it in millions of people who went out for the NO Kings that occurred this month in almost every state. We saw this in the democratic primary stage in New York City in New York City.”
Millions will now spend Mamdani’s attack. But he saw one attempt to finance it well to obstruct his campaign. Whether his campaign has the momentum that lasts until November or not, it still must be seen. But Wall Street has been notified that New York and the changing nature of the Democratic Party may not be subject to their interests, or their vision of New York.