New York City Mayor Zohran Mamdani addresses concerns that wealthy business leaders like Steve Ross and Ken Griffin may relocate their businesses due to his new budget plan, which taxes the rich and forgoes property tax increases; he argues that maintaining safety at record levels creates an attractive environment for businesses to choose the city as their home, and he calls on business leaders to continue considering NYC as a viable location.
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Businesses & Billionaires: Will Mayor Mamdani's new budget plan drive them out of NYC?Added:
And you also have businessmen like Steve Ross, Ken Griffin, and others who've said they may take their business elsewhere. How worried are you about these warnings and these threats that in the long run could reduce the city's tax base and cause you future problems in the years ahead?
>> When you keep New Yorkers safe at what are now record levels, you also create the environment for others to choose this city as their home. And we look to every business leader and prospective business leader to keep considering this city.
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