NYC business leaders drop $3 million over two days into mayoral race in bid to stop Mamdani
A group of wealthy New York businessmen has in the past few days pumped more than $3 million into newly formed super PACs that aim to stop mayoral front-runner Zohran Mamdani as the prospect of the democratic socialist running City Hall looks increasingly likely, new filings reveal.
The last-ditch spending blitz comes as the Democratic nominee continues to dominate the mayoral race, with polls showing him holding a double-digit lead over his closest competitor, independent candidate Andrew Cuomo.
The spending spree comes as early voting in the Nov. 4 election is set to start Saturday. It marks the latest sign that the city’s business communities are increasingly anxious about Mamdani, who has vowed to as mayor increase taxes on millionaires and corporations to underwrite an affordability agenda that includes a dramatic expansion of free child care.
The businessmen engaged in the effort, Eminence Capital CEO Ricky Sandler and real estate investors Richard Mack and Marty Berger, funneled the $3.264 million into three new PACs via a corporate entity they control called Put NYC First Inc., disclosures show.
https://www.nydailynews.com/2025/10/20/nyc-business-leaders-drop-3-million-over-weekend-into-mayoral-race-in-bid-to-stop-mamdani/
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