Progressive Politics

(Bloomberg) -- New York Mayor-elect Zohran Mamdani has selected several corporate executives to join his transition team as the democratic socialist seeks to mollify concerns his policies might harm the city’s business community.

Among those chosen to help in his move to City Hall are former Goldman Sachs Group Inc. partner Margaret Anadu, developer Jed Walentas and Kathy Wylde, head of the Partnership for New York City. Wylde and Anadu will serve on the Committee on Economic Development & Workforce Development, and Walentas will join the Committee on Housing, according to a statement from Mamdani’s transition team on Monday.

Walentas, the Brooklyn developer behind the revamp of the Domino Sugar Refinery, had spoken with Mamdani before the election as part of a charm offensive by the candidate to reassure business leaders who were wary of the 34-year-old’s policies. The incoming mayor, who takes office on Jan. 1, ran on a pledge to freeze rents and provide free childcare and bus service, and promised to pay for his programs with a tax on corporations and the wealthy.