Tuesday, December 30, 2025

NY State of Mind: Mamdani Edition

With just over a day to go before Zohran Mamdani is inaugurated as NYC's first Muslim mayor, CNN's chief data analyst Harry Enten has some good news for the Mayor-elect. First, new polling shows that his net favorability rating among NYC residents has rocketed from +14 in Sep to +38 now! That's the highest for an incoming mayor ever? 

Further, if Republicans were hoping to use him a boogeyman to bring Democrats down statewide...well it seems Donald is the problem not Zohran; Mamdani's net favorability rating statewide is +15 versus -30 for the President. And lastly, all the talk of NYC's vaunted billionaires leaving the city to escape marginal tax increase...seems to be just talk for now. The Kalshi prediction markets (which is basically truth for the billionaire class) has the odds of the city's richest residents decamping to tax-friendly havens at just 21%! In fact, if you believe the old adage "money talks, bullshit walks" then the opposite is already happening with the city's luxury apartment market surging a month after Mamdani's win, including residences on famed Billionaire's Row.

Of course, every politician has their honeymoon period. And these numbers are likely change over the next three months. For now though, it represents a lot of optimism among New Yorkers for a new era of politics and government--where America's most iconic city and its bastion of free market capitalism is run by an Ugadan-Indian-American Democratic Socialist.    

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NY State of Mind: Mamdani Edition

With just over a day to go before Zohran Mamdani is inaugurated as NYC's first Muslim mayor, CNN's chief data analyst Harry Enten h...