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Reactions from business leaders following Zohran Mamdani's election win to become New York City’s 111th mayor ranged from optimism to unease. Executives from different industries and political views posted their reactions on X shortly after Mamdani, 34, was decided the winner of the mayoral election, defeating former New York Gov. Andrew Cuomo. Pershing Square CEO Bill Ackman Pershing Square CEO Bill Ackman, who has been highly critical of Mamdani's policies, congratulated the mayor-elect on X on Tuesday evening. "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 City CEO Kathryn Wylde Wylde, who has led the business advocacy organization since 2000, congratulated Mamdani, saying the organization looks forward to helping him "achieve his affordability goals while keeping New York competitive as a destination for talent and a generator of jobs and economic activity." Wylde said the organization endorses Mamdani's "hopeful message" and looks forward 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 leading companies across finance, real estate, tech, media and healthcare. Members include executives from firms like JPMorgan Chase, BlackRock, Goldman Sachs, Verizon and Pfizer. Palantir CEO Alex Karp 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 founder Dave Portnoy "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 previously criticized Mamdani, calling him "closer to a communist" and expressing alarm about his platform and potential mayoralty. GET FOX BUSINESS ON THE GO BY CLICKING HERE Noble Mobile CEO Andrew Yang
