the staff of the Ridgewood blog
New York NY, New York City has ushered in a new era of leadership. Zohran Mamdani, the 34-year-old Democratic Socialist and State Assemblymember from Queens, has won the race to become the next Mayor of the nation’s largest city.
the staff of the Ridgewood blog
Wall Street NY, New York City’s status as the undisputed financial capital of the world is facing a formidable challenge, not just from economic shifts, but from political headwinds. As socialist frontrunner Zohran Mamdani campaigns for the NYC mayor’s seat on a platform that includes significant tax hikes on the wealthy and corporations, and proposals to restructure public safety budgets (a position he previously tied to “defund the police”), Wall Street’s biggest names are accelerating their strategic exit south.
