US EditionBillionaires Ackman And Musk Blast Zohran Mamdani’s NYC Primary Win—Catsimatidis Predicts Adams Could Win
NEW YORK CITY, JUN 25 – Zohran Mamdani won with 43.5% of first-choice votes despite Cuomo’s $8.3 million super PAC backing, marking a shift toward progressive policies on affordability in New York City.
- Zohran Mamdani, a 33-year-old democratic socialist, secured a victory over former Governor Andrew Cuomo in the Democratic nomination race for mayor of New York City on Tuesday evening.
- Mamdani's grassroots campaign gained momentum from young progressives and social media outreach, while Cuomo faced backlash from a $25 million super PAC and a nursing home COVID-19 policy cover-up.
- Mamdani supports dismantling selective schools, imposing a rent freeze, and creating city-run grocery stores, though critics warn these policies may worsen affordable housing and schools.
- Billionaires Bill Ackman and Dan Loeb criticized Mamdani's victory, John Catsimatidis threatened to move his grocery chain if Mamdani is elected, and Elon Musk mocked a Mamdani tweet linking queer liberation to defunding the police.
- Mamdani must still win the general election against current Mayor Eric Adams and Republican Curtis Sliwa, with pressure to fulfill his promises despite limited government experience.
20 Articles
20 Articles
NYC's Wealthiest Revolt Against Mamdani Candidacy
It's safe to say that Wall Street is not thrilled that a democratic socialist has won the Democratic primary to be the next mayor. In the wake of Zohran Mamdani's upset victory over Andrew Cuomo, hedge fund billionaire Bill Ackman tweeted a lengthy plea for a viable independent candidate to...
Mamdani shocks the establishment as Cuomo concedes
Assemblymember Zohran K. Mamdani, a 33-year-old democratic socialist who ran an energetic campaign centered on the cost of living, had an early lead after the polls closed and pulled ahead in the race. Shockingly, former Governor Andrew Cuomo opted to concede just under two hours later. That leaves Mamdani to advance to the November election for mayor of New York City against incumbent Mayor Eric Adams. As of press time on Wednesday morning, Ma…
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