NYC business tycoon mulling mayoral run if Adams resigns or is ousted

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United Refining Company Chairman and CEO John Catsimatidis explains why he is considering a mayoral bid should New York City Mayor Eric Adams resign.

John Catsimaditis, a New York City billionaire, is mulling a mayoral bid if Eric Adams resigns or is ousted. "The consideration is certainly there," United Refining Company Chairman and CEO John Catsimatidis said on "Mornings with Maria" Monday. "We need common sense to prevail… We need common sense individuals, too, for New York to make a comeback because we're losing it.

hear Mike Bloomberg is considering it… which he is a very fine individual… if he could do it, then he should try to do it, too. Governor Paterson, who's on our show a few times a week, is a very capable individual," the WABC radio host said. Adams is accused of turning unlawful bribes and campaign contributions around to rack up taxpayer cash in the form of "matching" grants that pay out $8 to 1.

The streets are a mess. The crime is a mess. And no matter what the crime statistics are, people are scared to walk around and that's what the truth is," the business tycoon said. Catsimatidis highlighted the city's migrant crisis, rampant crime, low morale among law enforcement and even police staffing shortages. GET FOX BUSINESS ON THE GO BY CLICKING HERE Fox News' Chris Pandolfo contributed to this report.

 

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