Extremely rich New Yorkers are having what The New York Times is calling a “freakout” over the New York City mayoral race.

“The Hamptons is basically in group therapy about the mayoral race,” Robert Zimmerman, a political fundraiser, told the Times .

At the root of this panic is Zohran Mamdani , a democratic socialist who won the Democratic primary mayoral primary in June. He is running to freeze rents, crack down on bad landlords, raise the minimum wage, and tax the rich.

“I don’t think we should have billionaires,” he said in June. (New York City has more billionaires than any other city.)

“What they’re discussing is not just Mamdani and his policies, but [former Gov. Andrew] Cuomo and [Mayor Eric] Adams and whether anyone can beat him,” Zimmerman said.

“Everyone’s talk

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