Mamdani Transition Raises $1 Million in 10 Days From 12,000 Donors

Hundreds of people in New York City gathered on Sunday in Union Square with calls to “Tax the Rich” as they showed their support for the progressive agenda of mayor-elect Zohran Mamdani. The democratic socialist, elected earlier this month, will take the helm of the nation’s largest city on January 1.

The “Tax the Rich Seize Our Future” event was co-sponsored by several organizations, including the New York City chapter of the Democratic Socialists of America, Housing Justice For All and NYS Tenant Bloc, Jewish Voice for Peace NYC, UAW Region 9A, the Invest in Our New Coalition, and others. These groups are backing Mamdani’s call for universal childcare, free public buses, a rent freeze, and city-operated grocery stores—all initiatives aimed at improving the city’s affordability.

Revenue for these programs would come from increased taxes on the city’s wealthiest individuals and for-profit companies.

“Zohran Mamdani’s cost-of-living agenda has the support of the masses of working-class New Yorkers — but winning an ambitious affordability agenda cannot be won with one mayor alone,” said the NYC-DSA in a post about the “Tax the Rich” event on their website. “To build the universal public goods we deserve, we need to ensure the wealthiest individuals and corporations in our state are paying their fair share in taxes.”

Danny Zaldes, a DSA member and organizer, emphasized the need for collective action: “It will take a movement to push Albany to put working New Yorkers before billionaire donors and tax the rich. As we know, power concedes nothing without a demand.”

During the rally, Democratic state Sen. Jabari Brisport (D-25) declared, “And today we demand to tax the rich!” His speech underscored the urgency and grassroots energy behind this campaign.

The rally also served as the launch of a new campaign by coalition members behind the event. The goal is to ensure Mamdani maintains strong grassroots support as he begins his administration in the New Year.

To fund his transition and sustain popular backing, Mamdani has asked supporters and donors to crowdfund the transition and has created a nonprofit entity to mobilize on behalf of his progressive vision for the city’s future.

On Sunday, Mamdani’s office announced it has raised approximately $1 million in just 10 days. This support came from over 12,000 individuals, with an average gift of $77.

In contrast, a statement from Mamdani’s office highlighted fundraising during previous administrations: “During Mayor Eric Adams’ transition, he had just 884 individual donors, with an average donation of more than $1,000, and former Mayor Bill de Blasio had 820 individual donors, with an average donation of $2,392.”

As Mamdani prepares to take on some of the most powerful interests in the city—including some of the wealthiest people on the planet who call New York City home—he stressed the importance of continued support from working people.

“None of this would have been possible without everyday New Yorkers willing to spare $5, $10, or $20 to help build a government that will deliver for working people,” said the mayor-elect. “I’m grateful for every dollar New Yorkers have contributed to make this vision of an affordable, more livable city a reality.”

The campaign indicated that the funds raised will be used primarily to recruit and retain top talent during the transition period as the new administration takes shape.

“More than 12,000 New Yorkers are contributing to this transition to turn the page on the politics of the past and build a new era for New York City,” said Elana Leopold, executive director of Mamdani’s transition, in a statement. “Thanks to New Yorkers’ support, we will be ready on day one with top talent in place and ready to deliver.”
https://www.rawstory.com/zohran-mamdani-2674300631/

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