NYC Mayoral Candidate Argues Affordability Key to Luring Tech Sector Growth
Democratic mayoral frontrunner Zohran Mamdani emphasized housing affordability as the primary draw for tech companies during Thursday’s debate. The candidate’s position comes despite his platform including significant corporate tax hikes aimed at funding public services.
Affordability Over Tax Incentives in NYC Tech Recruitment
Assemblyman Zohran Mamdani, the Democratic frontrunner in the New York City mayoral race, reportedly argued during Thursday’s debate that affordability rather than tax concessions would ultimately attract technology companies to the city. According to reports, Mamdani suggested that tech CEOs would choose to establish operations in New York if potential employees could afford to live there.