Eric Adams suddenly finds ‘overwhelming support’ from NYC’s desperate business elites

[Elderberry]

Semafor by Liz Hoffman and Ben Smith 6/25/2025

The Scene

New York City’s business community — stunned by the apparent primary victory of socialist Zohran Mamdani and fearing a leftward shift in America’s biggest city — appears to be abandoning its grudging support for former Governor Andrew Cuomo and organizing more desperately around Mayor Eric Adams in a last ditch effort to block Mamdani in November’s general election.

Some of former Gov. Andrew Cuomo’s biggest backers hinted in fluid, panicked conversations Wednesday that they’ll put their money behind Adams, who was elected in 2021 as a tough-but-fair ex-cop, and now, after a federal corruption indictment and the removal of his inner circle, is running on his policy successes and frankly fun personality.

Adams’ popularity stood at an all-time low of 20% in a poll last month. The business community was largely neutral on Adams, who they saw as a welcome if occasionally tiring return to moderation after the left-leaning, rich-baiting de Blasio era; they remain nostalgic for Mike Bloomberg’s three terms.

“There is going to be overwhelming support in the business community to rally around Adams,” said Richard Farley, a partner at Kramer Levin Naftalis & Frankel LLP who said he’s organizing a fundraiser for the mayor and has been speaking with some of Cuomo’s biggest donors. “This will be a street fight all the way to November.”

Adams’ path is “narrow,” acknowledged one adviser.

The business community is “struggling to understand the implications of Mamdani’s victory,” Kathy Wylde, CEO of Partnership for New York City, said in an interview. His focus on affordability tapped into “the financial insecurity young people feel and their anger that the established political class has done nothing to fix it. It’s not an endorsement of socialism but rather a rejection of the status quo, which threatens to bring on the kind of political instability that business hates.”

More: https://www.semafor.com/article/06/25/2025/eric-adams-suddenly-finds-overwhelming-support-from-nycs-desperate-business-elites

[Free Vulcan]

Don't agree much with Marx and Hegel, but they have one thing right in that action creates reaction, and the primary election of Mamdani might just galvanize people to get off their butts and stop it.

I don't count on it and am more than happy to let the people of NYC suffer under their own choices.

[mountaineer]

Sliwa and Adams need to join forces, somehow. Adams is a dope, but still not as bad as the communist Muslim.

[Fishrrman]

I'm thinking that in New York City, a MINIMUM of 40-45% of the voters are going to vote for the (D) no matter who is running. Guaranteed. Maybe even 50% or a little more.

NOTHING can change this.
As in "nothing".

I'll speculate that another 20-25% will actually vote Republican. Much of that will come from Staten Island, which is strongly Republican.

45+25 leaves around 25-30% that may be "influence-able".

It's been presented for argument that if Adams could persuade Sliwa to drop out and throw his support to the independent, he might have a chance at winning. Possible, but still a hard climb. Particulary if zorro-mammi is near or at the 50% threshhold.

And Curtis may believe that he'll have a better chance if he can get Adams to drop out and support the Pubbie candidate...