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The Wall Street Publication > Blog > Lifestyle > Enterprise leaders react to Zohran Mamdani’s NYC mayoral victory
Lifestyle

Enterprise leaders react to Zohran Mamdani’s NYC mayoral victory

Editorial Board Published November 5, 2025
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Enterprise leaders react to Zohran Mamdani’s NYC mayoral victory
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‘Hannity’ has the most recent on the outcomes of the New York mayoral election.

Reactions from enterprise leaders following Zohran Mamdani’s election win to develop into New York Metropolis’s 111th mayor ranged from optimism to unease. 

Executives from totally different industries and political beliefs posted their reactions on X shortly after Mamdani, 34, was determined the winner of the mayoral election, defeating former New York Gov. Andrew Cuomo.

New York Metropolis Mayor-elect Zohran Mamdani holds a press convention on the Unisphere within the Queens borough of New York Metropolis, on Nov. 5, 2025. (Kylie Cooper/Reuters)

Pershing Sq. CEO Invoice Ackman

Pershing Sq. CEO Invoice Ackman, who has been extremely crucial of Mamdani’s insurance policies, congratulated the mayor-elect on X on Tuesday night. 

“Now you have a big responsibility. If I can help NYC, just let me know what I can do,” he posted. 

THE SOCIALIST EXPERIMENT COMES TO NYC: MAMDANI’S VISION FOR A MORE AFFORDABLE CITY

Partnership for New York Metropolis CEO Kathryn Wylde

Wylde, who has led the enterprise advocacy group since 2000, congratulated Mamdani, saying the group appears ahead to serving to him “achieve his affordability goals while keeping New York competitive as a destination for talent and a generator of jobs and economic activity.” 

Wylde mentioned the group endorses Mamdani’s “hopeful message” and appears ahead to working with him to “extend the benefits and opportunities of our great city to all New Yorkers.”

MAMDANI’S RISE IN NYC MIRRORS ECONOMIC FLIGHT TO THE SOUTH, STUDY SHOWS

The group is made up of CEOs from roughly 300 main corporations throughout finance, actual property, tech, media and healthcare. Members embody executives from corporations like JPMorgan Chase, BlackRock, Goldman Sachs, Verizon and Pfizer.

Palantir CEO Alex Karp 

Alex Karp

Palantir Applied sciences CEO Alex Karp speaks onstage throughout Jacob Helberg on the Hill & Valley Discussion board 2025 on April 30, 2025, in Washington, D.C. (Jemal Countess/Getty Photos for Jacob Helberg)

In an interview with CNBC, Karp commented on New York’s mayoral election, saying, “We’re about to probably have a complete disaster. I was born in New York.” 

He continued, saying, “If you asked, ‘do these things actually work?’ Everyone’s like, ‘of course, I’m not going to vote for that.’ Instead, they ask, ‘does it work in theory?’”

ATLANTA’S CITY-RUN GROCERY SEES EARLY SUCCESS, SPARKING DEBATE OVER GOVERNMENT’S ROLE

Barstool Sports activities founder Dave Portnoy

Dave Portnoy

Barstool Sports activities founder Dave Portnoy beforehand referred to as Zohran Mamdani “closer to a communist.” (Michael Hickey/Getty Photos)

“If this is what the people of NYC want than so be it. Thank god I don’t live there anymore,” Portnoy posted on X.

Portnoy has beforehand criticized Mamdani, calling him “closer to a communist” and expressing alarm about his platform and potential mayoralty. 

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Noble Cell CEO Andrew Yang

Andrew Yang, the previous U.S. presidential candidate and head of the cell community operator Noble Cell, posted on X: “Zohran Mamdani is the mayor-elect of New York City – and the hard part almost certainly lies ahead.”  

TAGGED:BusinessleadersMamdanismayoralNYCReactvictoryZohran
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