Dave Portnoy blasts Mamdani’s win, says he might take Barstool out of New York City.

Other prominent business figures have echoed Portnoy’s alarm. Palantir CEO Alex Karp told CNBC that New York City is “about to have a complete disaster” if Mamdani implements his progressive platform fully.

Critics argue that policies such as rent freezes, city-run grocery stores, and expanded public housing could disrupt the city’s traditional economic model, drive employers out, and increase taxes and regulations that make operating in the city more difficult.

Supporters of Mamdani, however, see his victory as a historic opportunity to advance equity, affordability, and inclusion in a city long known for stark economic inequality.

Zohran Mamdani, born in Uganda and raised on Manhattan’s Upper West Side, has framed his platform as a practical solution to some of New York City’s most pressing challenges.Continue reading…