Exclusive | Boca Raton mayor woos NYC capitalists after socialist Mamdanis victory: Better quality of life

Give us your rich and downtrodden capitalists!Boca Raton, Fla., Mayor Scott Singer told The Post he’s already had numerous discussions with New York city business titans about relocating to his beach city after socialist Zohran Mamdani’s primary-race stunner.“New York is not going to be the capital of capitalism anymore,” Singer predicted.“I’ve pitched them on moving their corporate headquarters.We already have financial-services firms with a strong presence here,” Singer, the city’s Republican mayor since 2018, said of the Big Apple business leaders he’s spoken with since last week.“We expect more inbound calls.

We expect to have more people coming because of high taxes [in New York] — and we’re ready,” he said, adding that some of the inquiries he’s received have come from leaders of financial services and tech industries.Boca has no income tax or business taxes, while Mamdani said he plans to raise both as well as property taxes on some wealthier, mostly white neighborhoods to fund his $10 billion socialist utopia.In Boca — a city of 103,000 residents and already home to many well-heeled former New Yorkers — property taxes on corporations and residents fund city services.“We are ready to show you a better quality of life,” Singer said of future potential New York transplants.“It’s going to be harder for people to stay in New York,” he said.“Socialism is a terrible idea that has failed everywhere it’s been implemented.“Raising taxes and freezing the rent is not going to solve the affordability crisis.”Singer’s office provided a list of 50 publicly traded and privately owned firms that have headquarters or major offices in Boca Raton, including: ADT, Regenerative Medical Technology Group, Office Depot, Aerospace Technologies Group, Canon and Tyco Integrated Security.Boca Raton is no longer just a haven for well-heeled retirees, he said.

The median age of residents of Boca keeps dropping because of new businesse...