Mayor Zohran Mamdani has axed the advisors of a major nonprofit that channels private sector donations to fund city initiatives in his latest hostile act toward New York business leaders. Hizzoner thanked the dismissed advisory board members of the Mayor’s Fund to Advance New York City for their service in a letter obtained by Bloomberg News. 5 NYC Mayor Zohran Mamdani is joined by fellow city leaders at a ceremony on August 3, 2026. 5 NYC Mayor Zohran Mamdani is joined by fellow city leaders at a ceremony for housing on August 3, 2026. 5 NYC Mayor Zohran Mamdani is joined by fellow city leaders to discuss affordable housing in New York City on Monday, August 3, 2026.