THAT’S JUST A WARMUP FOR THE MAMDANI YEARS: New York City lost nearly 5,000 businesses last year.

The report, released Thursday by the Economic Development Corporation, showed more than 3,500 new businesses opened their doors in New York City during the second quarter of the fiscal year but that was offset by a loss of about 8,400 employers. That’s the weakest quarter for business formation since the height of the COVID-19 pandemic, the report’s authors said.

The corporation’s report is the latest to highlight New York City’s shrinking business sector with employers looking to other low-tax states as Albany piles on new regulations and costs.

It also comes as Mamdani seeks to draw up support for higher taxes to pay for plans for universal childcare, tuition free college and free bus service in the city.

Mamdani’s plans call for increasing the state’s top corporate tax rate by about half, up to 11.5% from its current maximum of 7.25%, which has caused concerns among New York City’s business community. If approved, that would match the highest corporate rate in the nation next door in New Jersey. He’s also called for “wealth” tax and a $30 per hour minimum wage for the city.

Looks like New York City has a whole lot of “bad luck” in store — unexpectedly!