Newly inaugurated Mayor Mamdani faces the challenge of balancing his progressive agenda with the concerns of the city's elite. His proposals, including tax increases on the wealthy and corporations to fund initiatives like free childcare, have drawn skepticism from Wall Street and real estate developers. Critics also question the effectiveness of his public safety plans, such as deploying mental-health teams for certain emergency calls. Mamdani is navigating these concerns while aiming to satisfy his far-left supporters.