BlackRock CEO Larry Fink ‘worried’ about NYC under Mamdani, floats investing elsewhere under weaker conditions

ASPEN, COLORADO — BlackRock CEO Larry Fink expressed concern about the future of New York City under its Democratic Socialist Mayor Zohran Mamdani, suggesting he’d do business elsewhere under “weaker” conditions.

“I’m worried about New York,” Fink said Tuesday at the Aspen Institute’s Ideas Festival.

Fink, who told CNN host Fareed Zakaria that he hadn’t spoken with Mamdani since he was only mayor-elect, cited what he called a “great statistic” showing that 47% of the taxes that go into New York City come from the top 1%…

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