In the run-up to New York’s mayoral election, many business leaders described Zohran Mamdani as a catastrophe in the making. Corporate and Wall Street titans dumped $40 million into political action committees to try to prevent the young democratic socialist from winning, saying his proposals on crime and taxes would make New York less safe and companies unable to compete.

Since Mr. Mamdani’s resounding victory on Nov. 4, however, the business community has adopted a far more conciliatory tone. Though some are still predicting a rough road ahead or even threatening to flee the city , others have been extending olive branches and saying they want to try to work with the incoming mayor. JPMorgan Chase chief executive Jamie Dimon called Mr. Mamdani to offer his assistance . Hed

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