New York’s business world and local government have launched a mobilization to prevent billionaire business people from leaving the city with their money, giant companies and employment opportunities for thousands of people.
The radical policies pursued by Mayor Zohran Mamdani have brought to a head the concern that New York state will further accelerate the loss of wealth, which already ranks first in the country.
According to the news in the New York Post, the decision of financial giants such as Citadel CEO Ken Griffin and Apollo Global Management boss Marc Rowan to move their operations out of New York created a major shake-up in the business world.
It is stated that many businesses, claiming that the political environment has become “hostile”, are quietly preparing to leave the city. Andrew Murstein, founder of Medallion Financial, who wants to reverse this wave of migration, “Operation Boomerang”He launched a campaign he called ‘Systems’ and allocated a budget of millions of dollars to convince his angry colleagues.
THE SLOGAN “TAX THE RICH” HAS TURNED INTO A CRISIS
Mayor Mamdani “tax the rich”His emergence and socialist policies threaten New York’s status as a financial center. In particular, Mamdani’s use of famous businessman Ken Griffin’s $238 million luxury apartment as a background in a propaganda video was the final straw.
In the face of this attitude, which was described as “frightening” by the hedge fund giants, former Mayor Eric Adams personally stepped in and called on Griffin and other leaders to “stand your ground.”
