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  • Relax, nobody’s leaving New York

    11/07/2025 11:35:04 AM PST · by E. Pluribus Unum · 46 replies
    Semafor ^ | Nov 6, 2025, 12:39pm CST | Liz Hoffman
    Good news for Zohran Mamdani: Wall Street isn’t going anywhere.Andrew Cuomo, the vessel for Wall Street’s dashed mayoral hopes, is fond of invoking scripture: deeds over words, he’s told many a church congregation over his now-punctuated political career. As the city’s financiers complain loudly about Zohran Mamdani’s win, watch what they do, not what they say.The local media and thirsty suburban real estate agents have stoked fears that New York’s billionaires (i.e. its tax base, cultural patrons, and scientific benefactors) will leave for places where it is cheaper to be rich. I doubt it. “There are two things driving the...