Ackman expressed that while he respects Andrew Cuomo for his contributions to New York State, he perceives a lack of enthusiasm in Cuomo's approach to the campaign, highlighting his subdued energy and proposals. He believes Cuomo is not adequately prepared to contest a high-stakes election against Mamdani.
Bill Ackman is supporting Mayor Eric Adams' independent reelection campaign, urging Andrew Cuomo to step aside in order to improve Adams' chances against Democratic nominee Zohran Mamdani.
"New York City under Mamdani is about to become much more dangerous and economically unviable. Unlike our Federal government, NYC cannot print money, and this Federal Government won't bail NYC out if things go bad."