Some city business leaders are expressing concern over Mayor Zohran Mamdani’s policies as he aims to raise funds to roll out his agenda and close the city’s budget deficit.
Some have indicated they’re exploring moving at least part of their workforces out the city to states with lower taxes.
Citadel CEO Ken Griffin announced recently he would be expanding his company in Miami after the mayor posted a social media video highlighting the proposed pied-à-terre tax in front of Griffin’s Manhattan penthouse.
John Catsimatidis, owner of the Gristedes supermarket chain and CEO of the conglomerate Red Apple Group, joined “The Rush Hour” on Monday to talk more about the mayor’s policies.
Tap the video player above to watch the interview.