NYC business owner kickstarts million-dollar campaign to combat Mamdani-driven business exodus

The COO of Citadel then indicated in a letter to employees that the company may not move forward with plans to continue a $6 billion renovation of a new Midtown Manhattan office skyscraper.

"What the mayor of New York has made clear to my partners - and principally my New York partners - is that we need to double down on our bet in Miami, because we want to be in a state that embraces business, that embraces education, that embraces personal freedom and liberty and that embraces people having an opportunity to live the American dream," Griffin said during the Milken Institute Global Conference in New York City Tuesday.

Now, local business leaders are pledging time and money to a campaign hoping to keep business in the Big Apple. 

Andrew Murstein, founder of Medallion Financial Corp., launched Operation Boomerang in an effort to lure defectors back to New York.

Murstein also added that he's going to leverage his initial contribution into the campaign to raise more money, which he anticipates will net the project between $20 million and $30 million, according to the Post.

"The mayor's office is feeling pressure around this, and they are looking for ways to change the narrative around business," an anonymous local business leader reportedly told the Post.