Kevin O’Leary, a well-known Canadian businessman and star of “Shark Tank,” expressed admiration for New York City’s newly elected mayor, Zohran Mamdani. Their encounter occurred at the premiere of “Marty Supreme” in December, where Mamdani plays a leading role.
Kevin O’Leary’s Impressions of Zohran Mamdani
During an appearance on Semafor’s “Mixed Signals” podcast, O’Leary described Mamdani as “very charismatic.” He highlighted the mayor’s ability to engage effectively with the audience at the event, giving them a chance to connect personally.
While O’Leary lauded Mamdani’s skills, he was candid about his disagreements with the mayor’s proposed policies. “I don’t agree with anything you’re proposing,” he remarked, adding, “I’m not a big fan of communism.” Nevertheless, O’Leary expressed respect for Mamdani’s accomplishments, particularly noting his effective use of social media during the election process.
Discussion on Housing Policies
The two figures are scheduled to discuss housing policies in the near future. O’Leary has a vested interest in real estate investments and has voiced skepticism about Mamdani’s plans. The mayor has committed to freezing rent increases on stabilized units and building more affordable housing.
O’Leary previously criticized Mamdani’s housing policy during a Fox Business segment in August, suggesting it could hinder investment in new construction. “You’re telling me I have to have frozen rent rates, even going into 3% inflation,” he questioned. O’Leary’s concerns reflect the broader debate on balancing affordable housing initiatives and attracting investment.
Future Meetings and Expectations
O’Leary mentioned his intention to meet with Mamdani shortly to discuss their differing viewpoints on housing policy further. The outcomes of their discussions could influence future strategies in New York City’s housing market.
As both O’Leary and Mamdani navigate their respective roles, their ongoing dialogue could provide insights into the intersection of business investment and municipal policy in New York City.
