‘We welcome billionaires’: Palm Beach County looks to capitalize on Zohran Mamdani’s rise in New York

After New York state legislator Zohran Mamdani — a self-proclaimed Democratic Socialist — won the New York mayoral primary in June, Palm Beach County business and government leaders began positioning the area to capitalize on his rise.

Anticipating increased business migration and economic growth in South Florida, they have been actively wooing uneasy New York City firms.

“We welcome millionaires and billionaires and good quality employers creating good jobs,” said Kelly Smallridge, CEO of the Business Development Board of Palm Beach County…

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