Chapter 1: What is the main topic discussed in this episode?
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Now many, including those that are wealthy, are concerned about some of the priorities of incoming New York City Mayor Zoran Mamdani. Now weighing on this was one billionaire who does not call New York City home. We're talking about Citadel founder Ken Griffin. He talked about the city yesterday at a conference in Paris.
I think that New York City is a red flag because people put aside good sense and common sense to elect somebody who is incredibly charismatic, who ran a really powerful campaign on social media. but who ultimately doesn't have the ability to deliver on the promises that he set forth.
New York took a big step back during the de Blasio days, and I hope that Mondami starts to think about how to pivot to a more thoughtful set of policies that will allow New York City to maintain its position, not only as one of the greatest cities in America, but one of the greatest cities in the world.
And that, of course, was Citadel founder Ken Griffin there with Danny Berger of Bloomberg News. We want to get into our guest, Kathy Wild. She is president and CEO, outgoing president and CEO of the Partnership for New York City, which represents much of the city's corporate leadership. So we're talking about real estate developers, private equity firms, banks, many, many companies.
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Chapter 2: What concerns do business leaders have about Mayor Mamdani's policies?
And the energy. We came out of the pandemic very negative. And we lost a million jobs. And then concerns about the cuts from the federal government on entitlement programs, whether it's Medicaid and health insurance, that there's the fight going on now. This casts a real pall over New York City, which is very dependent on those funds.
So I think that what he's brought is a positive energy and we ought to capitalize on that and hopefully he'll be the best marketer this city has ever had.
Your role on the transition team, does it turn into a full-time job in the Mamdani administration?
I am definitely not at my age looking for a full-time job. I'm trying to get away from a full-time job.
Well, right now you have more than a full-time job because you're outgoing president of the partnership.
I am outgoing, and I do not plan to take another job, but I do plan to help the new mayor if he wants it.
So beyond the transition period, you would stay on as an advisor?
Well, I don't know in what capacity, as I say. I'm there. I'm certainly going to help Governor Hochul deal with her challenges. I've worked closely with her. She's done a great job. And I think we're counting on her to continue to manage New York's relationship with Washington and the relationship between the state and the city, which is very important.
Our affordability problems will not get solved by the city alone. This is going to take federal, state, city cooperation. And so I think all of us who are committed to New York City and future, we have to be thinking of all three levels of government and how we work with the leadership at all levels.
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Chapter 3: Why did Kathy Wylde join the Mamdani transition team?
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