Overview
- President Donald Trump called Zohran Mamdani’s victory remarks a “very angry” speech and said the mayor‑elect is “off to a bad start,” adding it could be hard for Washington to send money to New York.
- Billionaires who funded efforts to block him shifted tone after his win, with Bill Ackman offering help, JPMorgan Chase’s Jamie Dimon leaving a message to meet, and Mike Novogratz urging business leaders to engage.
- Exit polls reported by ABC News show Mamdani captured 78% of voters under 30, 66% of those 30–44, and 81% of residents who have lived in the city less than 10 years.
- Mamdani defeated Andrew Cuomo and Republican Curtis Sliwa to become the city’s first Muslim and South Asian mayor, propelled by high turnout and a coalition of younger and newer New Yorkers.
- He campaigned on a rent freeze for rent‑stabilized units, universal child care, and fare‑free buses, with observers noting that state law, federal leverage, and financial markets may shape what he can deliver.