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NY Leaders Desperately Try to STOP Billionaire Bigs from Fleeing City over Mamdani

Posted By: RumorMail
Date: Friday, 8-May-2026 10:12:46
www.rumormill.news/268360

Start spreading the news...

Their leaving today......

They want to flee all parts of it...

New York, New York...

***********
By Craig McCarthy,
Taylor Herzlich,
Charles Gasparino and
Matt Troutman
Published May 8, 2026

New York leaders are desperately trying to stop billionaire bigwigs from hightailing it out of the Big Apple with their cash, businesses and thousands of jobs — as fears mount that Mayor Zohran Mamdani’s policies will accelerate the Empire State’s nation-leading loss of wealth.

The splashy one-two punch of Citadel CEO Ken Griffin and Apollo Global Management honcho Marc Rowan pledging to expand outside New York City has been coupled with a silent wave of businesses “quiet quitting” the city over its hostile environment, insiders told The Post.

The burgeoning biz bolt has prompted Andrew Murstein, founder of Medallion Financial Corp., to launch a campaign dubbed Operation Boomerang to woo his peeved peers back into the New York groove.

“This is a personal contribution of $1 million,” he said. “I’m a big believer in New York City and tradition.

“That’s just my money. It’s going to be a small drop in the bucket. I’m going to leverage that to be more money,” he added, estimating he’ll raise roughly $20 million to $30 million.

Mamdani’s outspoken “Tax the rich” stance long inspired concerns that fat cats would rather get out of Dodge than live under a socialist mayor.

But those concerns erupted into panic when Mamdani used Griffin’s swanky $238 million Midtown penthouse as a backdrop in one of his trademark slick social media videos — a stunt that the hedge fund titan called “creepy.”

Read More Here




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