One of the silliest preelection narratives around the New York City mayoral race was the supposed fear that a victory by democratic socialist Zohran Mamdani would spark an exodus of the city’s wealthy elite.
Billionaire investor and all-around Trumpian asshole Bill Ackman was typical of the lot, crying on X this past summer that both businesses and wealthy people had “already started making arrangements for the exits.” Barstool Sports founder Dave Portnoy, another obnoxious MAGA bro, claimed he might move his company out of New York “because I hate the guy.” His grand plan? Move to New Jersey. Equally high-tax, equally liberal. So … yeah.
Grocery mogul John Catsimatidis, who runs the Gristedes and D’Agostino Supermarkets chains, also threatened a move to New Jersey.
“We may consider clo

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