Updated
Updated · Bloomberg · Jun 11
Ken Griffin Expands Miami Plans With 300 Apartments After Clash With NYC Mayor Mamdani
Updated
Updated · Bloomberg · Jun 11

Ken Griffin Expands Miami Plans With 300 Apartments After Clash With NYC Mayor Mamdani

3 articles · Updated · Bloomberg · Jun 11

Summary

  • Griffin updated his multibillion-dollar Biscayne Bay project to add a 300-unit apartment building and a 1,420-space parking garage beside another office property he owns.
  • The revised proposal broadens his Miami investment beyond the commercial tower plan already in motion, deepening his footprint in the city.
  • The move came just after Griffin’s clash with New York City Mayor Zohran Mamdani, tying the expansion to his latest break with New York politics.

Insights

Will New York's wealth tax trigger a corporate exodus that permanently shifts financial power to cities like Miami?
Can Miami's infrastructure and housing supply keep pace with its rapid transformation into a major global business hub?