Partnership for New York City

Mayor Zohran Mamdani appointed Lina Khan to chair New York City’s economic development board, which oversees city property leasing including Hudson Yards. Business groups expressed concern, calling the move a 'mixed message,' while the article notes some CEOs acknowledge Khan’s antitrust work may have prevented harmful mergers.

New York's wealthiest residents are not financially supporting efforts to counter the left's growing political influence, despite recent democratic socialist gains and tax policy disputes. Republicans are struggling to secure funding for key candidates like Bruce Blakeman, as swing districts and moderate Democratic incumbents remain critical in shaping state and national policies.