New PAC Forms to Oppose Mamdani’s NYC Mayoral Bid Amidst Business Community Opposition
A new political action committee, OneNYC, has been formed to support Democratic mayoral nominee Zohran Mamdani, with Yasser Salem of Hira Ventures serving as chairman. This PAC emerges as the business and finance community mobilizes against Mamdani, who has proposed tax increases that have raised concerns. Simultaneously, a rival PAC, New Yorkers for a Better Future Mayor 25, has been launched with the goal of defeating Mamdani, potentially raising $20 million, while another group, New Yorkers for Lower Costs, continues to support Mamdani. These developments highlight the financial battle shaping up around the mayoral race, with various groups vying to influence the outcome.