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Mayor Zohran Mamdani appoints 15 business leaders to a new Business Advisory Council to bolster New York City's economic growth.

The administration announced the creation of a new Business Advisory Council, naming 15 executives from the real estate and healthcare sectors to provide feedback on private sector needs. Mayor Zohran Mamdani selected the members to ensure the city maintains its momentum in job growth, which reached 4,852,400 jobs as of July 2026. Mayor Zohran Mamdani stated that the council aims to bring together ambitious leaders in finance, tech, and life sciences to help New York City remain a premier location for starting and growing businesses. The council includes prominent figures such as Scott Rechler, Doug Steiner, Tony James, Marcus Samuelsson, and Priscilla Sims Brown. This move follows previous criticism from industry leaders like Ken Griffin and Steve Roth regarding the pied-à-terre tax. The appointment of Scott Rechler, who previously served on the Metropolitan Transportation Authority’s Traffic Mobility Review Board, signals a move to strengthen ties with the private sector.

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