PoliticsNewsAPI
Mamdani's clash with billionaire puts NYC street food vendors in the crosshairs - Fox Business
Overview
Mayor Mamdani’s luxury property tax proposal, which singled out a billionaire developer, prompted Citadel to threaten pausing its $6 billion Midtown headquarters and alarmed local street vendors. Prediction markets suggesting Mamdani-backed candidates will likely win primaries could bolster the mayor’s leverage in development and tax disputes, but vendors warn that policy fights and rising costs still threaten their livelihoods. The confrontation has amplified vendor concerns about both policy priorities and day-to-day operating pressures.
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ORGNew York CityORGFox BusinessORGCitadel
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