In a surprise move, New York City Mayor Eric Adams' economic development fund has been shaken up, as key business leaders are being ousted from their advisory roles. According to sources, Mahmood Mamdani, the CEO of the New York City Economic Development Corporation, has made the decision to part ways with several influential business leaders who have been advising the mayor's fund. The move comes as the city continues to grapple with rising costs of living and a struggling local economy. As details of the shake-up emerge, it remains to be seen what impact this change will have on the city's economic development initiatives and the mayor's overall vision for New York City's future.
Mamdani axes business leaders advising NYC mayor's fund NBC New York
