Portnoy Threatens Manhattan Exit
Barstool Sports founder Dave Portnoy says he may close the company’s Manhattan
office following Zohran Mamdani’s election
as New York City mayor, calling the 34-year-old Democratic socialist a
“Communist” who will “wreck the business climate.”
Strong Opposition
“I hate the guy,” Portnoy said during a livestream.
“Thirty-something-year-old Communist running New York City who’s never had a job in his life,
Considering a Move
Portnoy said he’s asked his finance team to look for office space in Hoboken or Jersey City,
admitting he’s “given it a lot of thought” but doesn’t want to disrupt employees’ lives.
Political Backdrop
Mamdani, who ran on rent freezes and public housing expansion,
represents a leftward shift in city politics.
Portnoy, whose company is valued around $600 million,
said he might relocate Barstool “to take a principled stand.”
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