Zohran Mamdani clinched New York City’s mayoral race by campaigning against wealth inequality and promoting affordability. Now, he faces the challenge of delivering on the promises that got him elected while coming to the table with the city’s wealthiest residents, who have an outsized influence on the city’s politics, economy and revenue.

On today’s Big Take podcast, host Sarah Holder is joined by Bloomberg reporters Emily Flitter and Fola Akinnibi and speaks with Kathryn Wylde, the CEO of the Partnership for New York City, which represents the interests of the city’s business community. They discuss what Mamdani’s victory means for Wall Street and how he plans to win over the 1 percent.

Read more:
Wall Street Drops Fear of ‘Hot Commie Summer’ in Overture to Mamdani
Allow Zohran Mamdani to Reintroduce Himself
New York’s Golden Handcuffs: Why the City Has a Special Hold on the Rich

Zohran Mamdani clinched New York City&rsquo;s mayoral race by campaigning against wealth inequality and promoting affordability. Now, he faces the challenge of delivering on the promises that got him elected while coming to the table with the city&rsquo;s wealthiest residents, who have an outsized influence on the city&rsquo;s politics, economy and revenue.
On today&rsquo;s Big Take podcast, host Sarah Holder is joined by Bloomberg reporters Emily Flitter and Fola Akinnibi and speaks with Kathryn Wylde, the CEO of the Partnership for New York City, which represents the interests of the city&rsquo;s business community. They discuss what Mamdani&rsquo;s victory means for Wall Street and how he plans to win over the 1 percent.
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-11-05/mamdani-gets-wary-wall-street-s-support-after-nyc-mayoral-election-win?srnd=homepage-americas">Wall Street Drops Fear of &lsquo;Hot Commie Summer&rsquo; in Overture to Mamdani</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/features/2025-10-26/zohran-mamdani-tells-new-york-business-leaders-he-s-ready-to-listen?srnd=undefined">Allow Zohran Mamdani to Reintroduce Himself</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/features/2025-10-30/rich-new-yorkers-who-fear-higher-taxes-have-nowhere-else-to-go?srnd=undefined">New York&rsquo;s Golden Handcuffs: Why the City Has a Special Hold on the Rich</a></li>
</ul>

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The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Mamdani Won on Affordability. Can He Win Over NYC’s 1 Percent?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d515dacc-c2a6-4db2-99c4-b38c016553a9/transcript