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NYC restaurateur cancels expansion plans
following Zohran Mamdani victory: ‘I’m
not signing’

Original Article

Posted By: FlyRight, 11/13/2025 3:18:23 PM

New York City Mayor-elect Zohran Mamdani’s radical policy proposals have prompted high-profile restaurateur Stratis Morfogen to cancel plans to open new businesses. He told Side Dish he’s pulling the plug on three new establishments, including one in Midtown West. “I waited for the election before signing and now I’m not signing,” he said. Just last week, Morfogen opened his first restaurant in Miami. He is also planning to open Diner24 in Miami in 2026. “I’m not signing any more leases in New York,” Morfogen vowed. “I’ll keep what I have. We’re not expanding in New York but we are pursuing further opportunities in Miami and other cities.

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Reply 1 - Posted by: Christopher L 11/13/2025 3:52:11 PM (No. 2029450)
The first of many !
32 people like this.

Reply 2 - Posted by: Strike3 11/13/2025 3:53:03 PM (No. 2029451)
That should scare a few people. Mamdani promised all of his giveaways based on stealing more money from "the rich."
23 people like this.

Reply 3 - Posted by: Venturer 11/13/2025 4:28:54 PM (No. 2029470)
The smart ones will follow his lead. Keep the ones you have operating, but be prepared to close them too, if it goes downhill as expected.
27 people like this.

Reply 4 - Posted by: BirdsNest 11/14/2025 5:33:00 AM (No. 2029604)
Escape from New York...Wonder how quickly other businesses will dry up once there are no more visitors to this once great city?
16 people like this.

Reply 5 - Posted by: PostAway 11/14/2025 6:50:56 AM (No. 2029635)
The gimlet eyes of businessmen find Mamdani’s plans for NYC unsustainable which may have been the plan all along. Once it is vacated by the sane and rendered nearly worthless, what a piece of real estate it is as the headquarters for tearing down America.
13 people like this.

Reply 6 - Posted by: Lazyman 11/14/2025 7:22:01 AM (No. 2029653)
It's not fair that the homeless can't dine at great restaurants which should be a basic right. A voucher system for them needs to be created.
9 people like this.

Reply 7 - Posted by: Rumblehog 11/14/2025 9:20:44 AM (No. 2029699)
Wait till the Commercial Real Estate market in the Big Apple goes upside down, much like it has in the Colorado, "ski havens," like Aspen and Vail. Suddenly, your $100M investment is now worth perhaps only $70M, and you still can't find a buyer due to grave concerns over loan interest rates, utilities costs, and rising taxes, which are all alarmingly high AND then there's the mass-exodus of working and retired people, along with "fed up" businesses from New York State, which, in effect, pulls the rug out from underneath any possible plans for the property.
9 people like this.

Reply 8 - Posted by: lakerman1 11/14/2025 10:42:34 AM (No. 2029739)
As a retired professor and dean of a school of business, I can predict with a high degree of certainty that private sector businesses in NY City AND NY State will shrink. Only a damned fool business owner would do otherwise. NYC and NYS will respond by offering start up money, but to the wrong people. And in the end, NY State and NY City will beg for federal dollars, a la 1975.
14 people like this.

Reply 9 - Posted by: NotaBene 11/14/2025 11:19:44 AM (No. 2029760)
No Federal Funds for NYC. They did this to themselves because TDS.
10 people like this.

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