CNBC.com: “The de Blasio effect: The mayor-apparent and Wall Street”

. . . Farrokh Hormozi, a Pace University economist with the public administration department, said, “I don’t think the market will react or people will leave because of a 2 percent tax hike. The dynamism of New York City is worth far more than that.” (left: Bill de Blasio)

. . . Farrokh Hormozi, a Pace University economist with the public administration department, said, “I don’t think the market will react or people will leave because of a 2 percent tax hike. The dynamism of New York City is worth far more than that.”

Read the story on CNBC.com.

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