The CEO of the hedge fund says that Adams has no chance against Mamdani in the New York City race

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Bill Akman, CEO of the hedge fund at New York City, based in Birching Square Capital, calls on Eric Adams to abandon the controversial New York City mayor, saying that he does not represent an opportunity against the newcomer Zahran Mamdani.

“It is time for the mayor of Adams to step down,” Akman was posted on X.

While praised Adams, who was the mayor of New York City since 2022, Bill de Palacio, because he did a “very good job” in this position, Akman said that Adams’s polls “deteriorated greatly” since the primary in June, and it became increasingly clear that he had no chance “to strike Mamdani.

Broken grocery plans to expand New York City, despite the proposal of the government -run Mamada store

Eric Adams, the mayor of New York, arrives at a campaign event in the local 831 union hall in New York,

Eric Adams, the mayor of New York, will reach a campaign event in the local 831 union hall in New York August 27, 2025. (Christian Montrrosa / Bloomberg via Getti Emoxz / Tire)

“The economy is strong.” Crime has decreased. It has managed to actively migrants. It has put the way for more housing at reasonable prices and material improvements in the quality of our lives and New York City is better for everyone. He did not get the credit he deserved for the progress made. “

Mamdani, a self -identified democratic socialist who prefers among the younger voters, won the democratic elementary elections of the New York City mayor. It also leads in the general elections in November, despite its confrontation against a crowded field that includes Former ruler Andrew Como The current mayor, who runs as an independent candidate, the Republican candidate Cortis Slawa and the defense lawyer who turned into Jim and Al -Den.

Fox Business communicated to the Adams office, and questions were postponed to his municipal campaign.

The CEO of the billionaire warns that he will close grocery stores if the Social Democratic candidate wins the New York City mayor race

The Democratic Mayor's candidate for New York City and the President of the current state association Zahran Mamdani is leaving a press conference.

The mayor of the Democratic Municipality of New York City and the man of the current assembly, Zahran Mamdani, nominates a press conference where Mayor Eric Adams accused of working with the Trump administration against him on September 3, 2025, in New York City. (Spence Platt / Getty Images / Getty Images)

If he was elected in November, Mamdani said that he will direct the city’s money from the company’s supermarkets to the grocery stores owned by the city “whose mission is less than prices, not pricing prices,” according to a video posted on its website. Regardless of the government -run grocery stores, Mamdani also carried a campaign to freeze rent and increase taxes on companies and wealthy people.

How can the wage plan in New York City, Dimis, can mind?

Mamdani’s nomination has proven that they are controversial with many business community members, especially Jimmy Damon from Wall Street, because it works on a number of controversial policy proposals that can prove costly to the city’s finance.

Bill Akman attends 2025 Berish Square Foundation Prize and Cancer Award

Bill Aquam will attend the Foundation and Cancer Cancer Award for 2025 on May 22, 2025, in New York. (Michael Ostoni / Patrick, they are completed via Getti Emiez) / Getty Emoz)

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Some of the city’s business leaders, especially John Katsamedes, the CEO of Grocery Chain GRIStedes, threatened to sell or close the work if Mamdani is elected. Catsimatidis argued that his business could not compete in the market if there are the city -run supermarkets.

On the contrary, Lidl Fox Business CEO told the German grocery pushing forward plans to expand its scope in New York regardless of the reason.



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