Updated
Updated · Fox News · May 8
Andrew Murstein launches Operation Boomerang to lure businesses back to New York City
Updated
Updated · Fox News · May 8

Andrew Murstein launches Operation Boomerang to lure businesses back to New York City

3 articles · Updated · Fox News · May 8
  • Murstein pledged $1 million and said he aims to raise $20 million-$30 million, sending New York food to firms that moved to Florida.
  • The push follows Citadel's warning it may reconsider a $6 billion Midtown Manhattan office renovation after Mayor Zohran Mamdani targeted founder Ken Griffin in a tax advertisement.
  • Former mayor Eric Adams urged Griffin to stay, while business leaders told the New York Post that Mamdani's tax-the-rich agenda is fuelling fears of a wider business exodus.
Will NYC's new tax on second homes solve its budget crisis or trigger a mass exodus of the ultra-wealthy?
Can a $30 million 'Boomerang' campaign woo back CEOs who feel personally targeted by the city's leadership?
Amid dueling narratives, is New York's business sector genuinely booming or on the brink of a corporate flight to Florida?