Bill Ackman has donated $1mn to a Super Pac opposing Zohran Mamdani’s candidacy for New York City mayor, in an eleventh-hour attempt by the hedge fund billionaire to derail the odds-on favourite for City Hall.
With less than three weeks to go until election day, most opinion polls show Mamdani, the Democratic candidate, with a double-digit lead over Andrew Cuomo, the former Democratic governor of New York state who is running as an independent. Republican Curtis Sliwa trails in a distant third place.
Polls have tightened in recent weeks, after incumbent mayor Eric Adams abandoned his re-election bid last month.
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