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‘Escape From New York’: Researcher predicts NYC business exodus if Zohran Mamdani wins

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4 weeks ago

Zohran Mamdani's promises to freeze rents and raise taxes on corporations could trigger a New York City business exodus, Michael Toth, a research fellow at the University of Texas at Austin's Civitas Institute, told Fox News Digital. Businesses have railed against Mamdani's progressive platform since his primary win shocked the political establishment, with leaders like Gristedes CEO John Catsimatidis sounding the alarm on Mamdani's plans to open city-run grocery stores and raise taxes on the 1% if he wins in November. "We have a far-left socialist mayor who's trying to take control of the epi...

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4 weeks ago
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