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Mamdani Leads in November as Soros Cash and Divided Rivals Shake Up NYC Mayoral Race

Business elites weigh backing Adams or Cuomo as Republicans brand Mamdani a socialist threat

New York City mayoral candidate Zohran Mamdani campaigns on July 10, 2025.
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Overview

  • George Soros’s Open Society Foundation quietly directed an estimated $37 million to the Working Families Party and allied groups that provided crucial grassroots support for Mamdani’s primary bid.
  • New York’s business community has launched anti-Mamdani political action committees but remains split over backing independent challengers Eric Adams or Andrew Cuomo to block the democratic socialist.
  • National Republican committees and campaign ads have seized on Mamdani’s socialist identity to tie him to Democrats in swing states and target House and Senate races.
  • Major Democratic leaders, including House Minority Leader Hakeem Jeffries, have withheld full endorsements and instead highlighted Mamdani’s proposals to address the city’s high cost of living.
  • Recent polls and strategist forecasts now view Mamdani as the front-runner for November’s four-way general election, with some analysts assigning him an 85 percent chance of winning.