Generally speaking in most developed countries, financial industries tend to set up their roots in the places where all the money is: cities.
People and corporations are not going to just up and leave because of Mamdani. This is completely moronic.
NYC gets 50% of its tax revenue from the top 1%.
Zohran wants to go after the top 1%. They will leave EXPEDITIOUSLY and IN DROVES.
NYC will turn into a shithole without that money. That’s what makes NYC what is. Money.