Could a political upset actually drive a major media company out of New York City?
Dave Portnoy, the outspoken founder of Barstool Sports, is threatening to close his Manhattan office following the election of Zohran Mamdani, painting the incoming official in sharply negative terms. But is this a genuine business move—or an emotional reaction to politics?
Portnoy has publicly criticized Mamdani, calling the newly elected politician inexperienced and labeling him a “Communist.” During a recent YouTube livestream, he expressed concerns that the mayor-elect could harm New York City’s business environment.
“Honestly, I can’t stand the thought of him running the city,” Portnoy said. “A thirty-something-year-old, with no real work experience, who I feel doesn’t share American values—it doesn’t inspire confidence.”
He floated the possibility of relocating Barstool’s Manhattan office to locations such as Hoboken or Jersey City. “I’ve seriously thought about it,” he admitted.
“I don’t want to maintain an office in Manhattan under these circumstances, but I also have to consider the impact on our employees who live and work here.”
Conclusion
Portnoy’s statements underscore the tension between politics and business perception in one of the world’s most high-profile cities. While some view his reaction as hyperbolic, it illustrates how political change can influence corporate decisions,
employee morale, and even the location of major operations. For Barstool Sports, whether this threat becomes action—or remains a pointed comment—remains to be seen.