Billionaire John Catsimatidis Reconsiders Business Move Amid Zohran Mamdani’s Victory

Billionaire John Catsimatidis, who threatened to shut down his 30-plus stores in NYC if Zohran Mamdani won the mayoral election, is now reconsidering moving his business to New Jersey. Catsimatidis had planned to relocate Red Apple Group’s headquarters to New Jersey after Mamdani’s win. However, with Democrat Mikie Sherrill’s election as governor, he changed his mind and is now looking for a “friendly state” to relocate operations, with Florida being the most likely candidate.

Source: https://www.forbes.com/sites/martinadilicosa/2025/11/07/supermarket-billionaire-john-catsimatidis-threatens-to-cut-workforce-move-to-florida-after-mamdanis-win