Zohran Mamdani speaks during a watch party for his primary election, which includes his bid to become the Democratic candidate for New York City mayor in the upcoming November 2025 election, in New York City, U.S., June 25, 2025. REUTERS/David 'Dee' Delgado
NEW YORK (Reuters) -Business leaders in New York City voiced concerns on Wednesday, following progressive Democrat Zohran Mamdani's likely victory in the city's hotly contested primary for mayor the day before.
New York, the nation's preeminent financial center, boasts an annual GDP of more than $1 trillion and more residents than any city in the nation - many who are struggling with the high cost of rent, health care and groceries.
