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New York Times
23-07-2025
- Politics
- New York Times
Mamdani Victory Could Represent Expansion of the Left's Influence
When Zohran Mamdani catapulted to a stunning victory in New York City's Democratic mayoral primary, the triumph seemed a coming-of-age moment for the Democratic Socialists of America. The group formed the backbone of Mr. Mamdani's canvassing operation and played an essential role in pushing the nation's largest city to embrace an unwavering progressive campaign agenda. But for Mr. Mamdani to get elected in November, he may need to win over segments of the city's business class, or at least persuade them that he intends no harm. Some of that effort has already been on display, creating some discomfort among his core supporters on the left. Last week, Mr. Mamdani, a state assemblyman and a democratic socialist, met separately with skeptical members of the Partnership for New York City and with Black business executives, who grilled him over his socialist economic agenda and challenged him over some of his stances opposing the wealthy and supporting Palestinian causes. Billionaires shouldn't exist? Mr. Mamdani walked that back. A rent freeze for stabilized units? Yes, but it was a policy he might revisit after four years. His refusal to repudiate the term 'globalize the intifada?' That, too, came under some revision. For now, D.S.A. leaders and others on the left say that Mr. Mamdani has earned their trust and deserves a fair amount of latitude. They recognize that the best way to push their agenda is to have a powerful emissary like Mr. Mamdani leading the nation's largest city. Want all of The Times? Subscribe.


Bloomberg
11-07-2025
- Business
- Bloomberg
Odd Lots: What NYC's Most Powerful CEOs Think About Zohran Mamdani
When socialist candidate Zohran Mamdani won the Democratic party's nomination for NYC mayor, top business leaders experienced a bout of hysteria. That's according to Kathy Wylde, the president and CEO of the non-profit organization the Partnership for New York City. Founded in 1979, the organization assembles the CEOs of some of the biggest employers in New York City in order to work on city issues. Wylde herself is often characterized as one of the ultimate NYC power brokers. In fact, she's been actively facilitating phone calls and meetings between Mamdani and the CEOs (most of whom backed Cuomo in the primary) who are anxious about what a socialist mayor would mean for the city. We talked to her about what they're most concerned about, what they want to see from Mamdani (if he wins), what could push businesses and people to move out of the city, and what they think about him after they talk.


Bloomberg
11-07-2025
- Business
- Bloomberg
What NYC's Most Powerful CEOs Think About Zohran Mamdani
Markets Odd Lots A chat with one of the city's top power brokers Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Subscribe to the newsletter When socialist candidate Zohran Mamdani won the Democratic party's nomination for NYC mayor, top business leaders experienced a bout of hysteria. That's according to Kathy Wylde, the president and CEO of the non-profit organization the Partnership for New York City. Founded in 1979, the organization assembles the CEOs of some of the biggest employers in New York City in order to work on city issues. Wylde herself is often characterized as one of the ultimate NYC power brokers. In fact, she's been actively facilitating phone calls and meetings between Mamdani and the CEOs (most of whom backed Cuomo in the primary) who are anxious about what a socialist mayor would mean for the city. We talked to her about what they're most concerned about, what they want to see from Mamdani (if he wins), what could push businesses and people to move out of the city, and what they think about him after they talk.


Bloomberg
28-06-2025
- Business
- Bloomberg
Mamdani Wants to Meet With Major Business Heads, Wylde Says
By Nacha Cattan and Updated on Save New York City mayoral candidate Zohran Mamdani will meet with members of New York City's business community in July, according to one of the city's most influential power brokers. Kathy Wylde, president of the Partnership for New York City, received a call from Mamdani, a democratic socialist, on Thursday seeking an opportunity to explain his intentions and vision to business leaders, she told Bloomberg. The Partnership for New York City is a coalition of more than 300 companies including banks, media companies, and investment, real estate, and law firms.


Bloomberg
27-06-2025
- Business
- Bloomberg
Mamdani Wants to Meet With Major Business Leaders, Wylde Says
New York City mayoral candidate Zohran Mamdani will meet with members of New York City's business community in July, according to one of the city's most influential power brokers. Kathy Wylde, president of the Partnership for New York City, received a call from Mamdani, a democratic socialist, on Thursday seeking an opportunity to explain his intentions and vision to business leaders, she told Bloomberg. The Partnership for New York City is a coalition of more than 300 companies including banks, media companies, and investment, real estate, and law firms.