Trump, Wall Street billionaires rattled by shock New York result
Mam I can’t promise that he will always agree with me, Mam said Mamdani. But I will never hide from you.
There was a social media campaign at the center of his success – populist economic suggestions and progressive cultural ideas packaged in slippery videos designed to be viral.
On Tuesday, he took part in an Instagram video with Emily Ratajkowski, who has more than 29 million followers on the platform. The model and the actress wore a T -shirt for Zoh Zohran and urged voters to go to the polls.
Mamdani’s gates ruthlessly playing, standing in the street corners and publishing voters on social media, the understanding and hustle and bustle was typical to help him collect a tens of thousands of volunteer army. They have evangelized their policies: Free children care, state-owned stores, cheaper foods, free bus trips, rent ice cream, and more-more for tax hikes on the rich.
No mentioned: These tax increases would need the approval of New York State Governor Kathy Hochul, who said it was against the idea. Mamdani also wants to collect 70 billion dollars ($ 107.5 billion), which is another effort to succeed.
Trump’s Social Writing Truth. Credit: Internet
Panic set
Nevertheless, he keeps wild apocalypse forecasts in Manhattan’s black corridors. Wall Street Headhunter Michael Nelson said that the mood is typically terrible among customers who earn more than $ 1 million a year.
“This will be the end of New York as we know”, how deep -pocket customers react to the possibility of winning Mamdani in November.
Already, the stocks of the New York City Real Estate are being hit. Flagstar Financial lending to the apartments fell to 6.7 percent on Wednesday before closing 3.9 percent lower. Corporate hosts Empire State Realty, SL Green Realty and Vornado Realty fell.
Bill Ackamn, King of Wall Street’s Hedge Fund, said Mamdani’s policies will go bankrupt in New York. Credit: Bloomberg
The elite of the city supported Cuomo, a former democratic guard member who was considered a favorite in the race even in the last days. He was 67 years old, the oldest candidate in the race, and he scored an experienced moderate to manage the problems of New York, to a universal purchasability crisis for the crime in subway.
Michael R. Bloomberg and Bill Ackman, Loeb and Vornado’dan Steven Roth, including support for billionaires. Corption of Cuomo’s PAC, the city, the mayor has collected an unheard of in the primary race for the mayor – about $ 25 million.
However, most of the ads supporting it focused on painting Mamdani as a bad choice for the city, rather than revealing Cuomo’s vision of governance.
The former Governor of New York, who resigned after a series of sexual harassment claims he denied, did not only have money with him. The stable figures of the democratic organization, such as former president Bill Clinton, approved it.
Meanwhile, Mamdani was supported by progressive stars such as Alexandria Ocasio-Cortez and Senator Bernie Sanders.
There are signs that at least some of the Wall Street can warm up to the democratic socialist island.
Former President of EverCore and Democrat Ralph Schlostein for a long time, “We may not participate in some issues, but if Mamdani – Mayor is elected, we must be hopeful that he can unite the city to address critical education, public security, housing and economic development needs.”
But so far this feeling is limited. Before becoming one of the most vocal supporters of President Donald Trump, Ackman, another democrat, detonated Mamdani, claiming that his policies would go bankrupt.
The investor did not respond to the request for comments about the election results.
Rich Farley, an experienced Wall Street lawyer, said that most of the rich of the city will see the November general elections as a make -up moment. In case Mamdani reigns, “People who can easily voucher and move to another place will take very seriously about plans to do this.”
Before this race, Ultra -rich donors should decide whether they are against Mamdani and how to oppose it. Cuomo, who shows that he can run independently, has to convince his supporters that he is a more applicable candidate outside the closed democratic primary system.
If he stays in the race, he will also compete against Curtis Sliwa, who works independently and is not in primary school after a corruption scandal, and the current Mayor Eric Adams.
However, others in Wall Street can choose a more radical option.
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“I talked for the fence fund men who told me they were out of the door, E said Eric Rosen, a former Senior Senior JPMorgan Trader and Hedge Fund Manager.
“I left New York 8 years ago because I didn’t like the way the city runs,” he said. “Park Ave. I sold my cooperative and now fell by 25 percent and my home in Florida increased by 250 percent. The market spoke.”
Bloomberg
