{"id":36718,"date":"2025-07-04T00:52:17","date_gmt":"2025-07-04T00:52:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/36718\/"},"modified":"2025-07-04T00:52:17","modified_gmt":"2025-07-04T00:52:17","slug":"nycs-business-community-aims-to-shove-wishy-washy-andrew-cuomo-out-of-the-mayoral-race","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/36718\/","title":{"rendered":"NYC\u2019s business community aims to shove wishy-washy Andrew Cuomo out of the mayoral race"},"content":{"rendered":"

Andrew Cuomo keeps saying he hasn\u2019t made up his mind about dropping out of the New York City\u2019s mayor\u2019s race despite getting trounced in the Democratic primary last week by the upstart Trotskyite, Zohan Mamdani \u2013 but an increasingly large contingent of the business community<\/a> is planning to make the decision for him, On The Money has learned.<\/p>\n

The plan is to effectively defund his attempt to run as an independent in the general election this fall to allow the current mayor, Eric Adams, to have a clearer shot at preventing what they fear will be a Communist takeover of City Hall that was abetted by Cuomo\u2019s lackluster campaign against Mamdani.<\/p>\n

If they can galvanize enough support, they\u2019re hoping that Cuomo realizes he will have no money to compete in November, and they would force him to drop out.<\/p>\n

A large contingent of the business community plans to defund Andrew Cuomo\u2019s attempt to run as an independent in the general election this fall to allow the current mayor, Eric Adams, to have a clearer shot at Zohran Mamdani. Jack Forbes \/ NY Post Design<\/p>\n

\u201cAs far as we\u2019re concerned, what Andrew wants to do doesn\u2019t matter,\u201d said one billionaire businessman and former Cuomo supporter who is behind the dump Cuomo effort. \u201cHe lost after running a horrible campaign and we can\u2019t afford for him to screw up again. There\u2019s a lot at stake.\u201d<\/p>\n

What\u2019s at stake is maybe the most far-left politician in the country taking over the epicenter of capitalism, and advancing policies like government-run groceries and defunding the police<\/a> \u2013 and imposing massive tax increases on wealth creators to pay for all the stuff he promised during his campaign.<\/p>\n

\t\t\tMore From\t\t\t\t\t\t\tCharles Gasparino<\/p>\n

And while the NYC business community is far from the largest voting bloc in the city, Cuomo and Adams need its support, aka campaign cash to combat Mamdani\u2019s well-oiled campaign that appears not to be short of financing from mysterious donors and money from the city\u2019s matching-fund election program. \u00a0<\/p>\n

Cuomo, sources close to him say, understands the threat posed by these defections (former supporter Bill Ackman, a hedge fund billionaire, just threw in for Adams<\/a>) and has been busy working the phones since last Tuesday\u2019s humiliating loss to the 33-year-old unknown, attempting to persuade his big money supporters not to jump ship and fully support the current mayor \u2014 who is running as an independent.<\/p>\n

What\u2019s at stake is maybe the most far-left politician in the country taking over the epicenter of capitalism, and advancing policies like government-run groceries and defunding the police. Getty Images<\/p>\n

But the former governor is facing a lot of skepticism, particularly over his excuse for not more aggressively attacking Mamdani during the primary.<\/p>\n

\u201cCuomo is nowhere right now,\u201d said one government affairs executive at a major Wall Street firm. \u201cHe needs two or three big donors to publicly call on him to continue to run. He needs that for credibility and so far it hasn\u2019t happened.\u201d<\/p>\n

Cuomo has tried to deflect blame for being a no-show on the campaign trail, saying pre-election polls showed he was up comfortably and didn\u2019t need to rally support to offset Mamdani\u2019s progressive base.<\/p>\n

He\u2019s also arguing even after his own staggering defeat \u2014 by more than 10 points after final votes were tallied Tuesday \u2014 that it is Adams who is \u201cunelectable.\u201d<\/p>\n

\u201cCuomo is nowhere right now,\u201d said one government affairs executive at a major Wall Street firm. John Angelillo\/UPI\/Shutterstock<\/p>\n

Cuomo and his people say Adams \u2014 who won four years ago as a Democrat \u2014 sat out the Democratic primary because he\u2019s tainted by the corruption scandals that engulfed his mayoralty. Also, the federal indictment that was dropped only when he embraced President Trump\u2019s deportation efforts, which in of itself, is a losing issue in very blue NYC.<\/p>\n

As evidence of Adams\u2019 unelectability, Team Cuomo pointed to a recent snap poll released by a firm called the Honan Strategy Group, showing Adams polling far behind Mamdani if Cuomo drops out. If Adams drops, the poll shows Cuomo up slightly in a general election matchup.<\/p>\n

The release of the poll may have slowed the anti-Cuomo momentum, but not enough to erase the deep-seated fears among business leaders \u2013 and past supporters \u2013 that the former governor shouldn\u2019t be given a second chance, several business leaders tell On The Money. \u00a0<\/p>\n

They point to what was described as a weak concession speech by Cuomo that even congratulated Mamdami for his victory despite his advocacy of radical policies, including, as suggested on his website, taxing white New Yorkers more to pay for his redistributionist schemes.<\/p>\n

Adams, through his former chief of staff Frank Carone, has been holding around-the-clock meetings with top city business people, and slowly building a consensus that Cuomo blew it the first time and shouldn\u2019t be allowed a do-over, these people say.<\/p>\n

\u201cWe\u2019re not calling people, but people in the business community are calling us asking how we can help and hear our plan on how we are going to win,\u201d Carone told On The Money. \u201cThat began literally at 10 p.m. on primary night when Mamdani won.\u201d<\/p>\n

\t\t\t\t\t\t\tCharlie Gasparino has his finger on the pulse of where business, politics and finance meet\t\t\t\t\t\t<\/p>\n

\n\t\t\t\t\t\t\tSign up to receive On The Money by Charlie Gasparino in your inbox every Thursday.\t\t\t\t\t\t<\/p>\n

\t\t\t\t\t\tThanks for signing up!\n\t\t\t\t<\/p>\n

Last weekend, Cuomo was spotted at the East Hampton wedding of Democratic power broker Patricia Duff and real estate magnate Richard Cohen.<\/p>\n

According to one person who quizzed him on his future candidacy, Cuomo said at least for now he\u2019s in the race, but circumstances could change later if there isn\u2019t a path to victory.<\/p>\n

Cuomo\u2019s people tell me he was speaking in hypotheticals and as of this writing is still in it to win it, even preparing to release more polling data showing his relative strength in beating Mamdani, as compared to Adams, and GOP nominee Curtis Sliwa.<\/p>\n

The business community doesn\u2019t seem to be buying it.<\/p>\n","protected":false},"excerpt":{"rendered":"Andrew Cuomo keeps saying he hasn\u2019t made up his mind about dropping out of the New York City\u2019s…\n","protected":false},"author":3,"featured_media":36719,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,5297,64,5289,5248,405,403,5226,5225,5228,5227,5341,14548,80,67,586,132,5230,68,2969,5301],"class_list":{"0":"post-36718","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-andrew-cuomo","10":"tag-business","11":"tag-eric-adams","12":"tag-metro","13":"tag-new-york","14":"tag-new-york-city","15":"tag-newyork","16":"tag-newyorkcity","17":"tag-ny","18":"tag-nyc","19":"tag-nyc-mayoral-election-2025","20":"tag-on-the-money","21":"tag-politics","22":"tag-united-states","23":"tag-united-states-of-america","24":"tag-unitedstates","25":"tag-unitedstatesofamerica","26":"tag-us","27":"tag-usa","28":"tag-zohran-mamdani"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/36718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=36718"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/36718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/36719"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=36718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=36718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=36718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}