Billionaire real-estate investor Barry Sternlicht said he is considering relocating his firm from New York City because he fears the city may “turn into Mumbai” under the newly-elected mayor, Zohran Mamdani. Sternlicht, who is chairman and CEO of Starwood Capital Group and holds commercial and
Zohran Mamdani, the 34-year-old Democratic state assembly member, was elected the 111th mayor of New York City on November 4, 2025. He defeated former governor Andrew Cuomo (running as an independent) and Republican Curtis Sliwa, securing over 50 % of the vote to become the city’s first Muslim mayor and youngest mayor in more than […]















