NYC business leader warns exodus is brewing over Zohran Mamdani’s tax hike crusade: ‘Exploring options’

The head of an influential Big Apple business advocacy group warned that companies are already taking steps to relocate or move jobs elsewhere because of Mayor Zohran Mamdani’s tax-hike crusade. Steve Fulop, CEO of the Partnership for the City of New York, said many corporations are considering leaving or shifting their workforces to less costly states after it was revealed $900 billion asset manager Apollo Global Management is plotting a second US headquarters in the Sunbelt. “In the last week, there have been several [major companies] in the Partnership that have said they’re going down the same road [as Apollo],...