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Ackman Slams Mamdani's Economic Plan | Wilmington News

Billionaire investor Bill Ackman fired a blistering critique at New York City Mayor Zohran Mamdani, calling his economic policies a disaster despite acknowledging the mayor’s charisma. Targeting ultra-wealthy residents with a luxury tax—prompted by a video filmed outside Ken Griffin’s $238M penthouse—Ackman warned it would scare away critical business leaders and hurt the city’s economy. He also slammed Mamdani’s rent freeze, arguing it unfairly penalizes landlords while stifling new housing development, which he insists is the real solution to affordability. While offering a tiny nod to a…

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