Ken Griffin to Meet New York Governor Over City’s Future Direction

6 articles · Updated · Bloomberg · Apr 28

Griffin, founder of Citadel, will meet the governor on Thursday after a public dispute with Mayor Zohran Mamdani regarding his $238 million Manhattan penthouse.
The meeting follows Mamdani’s push for a new tax on expensive second homes, which Griffin criticized as a personal attack and a sign of poor judgment.
The dispute highlights tensions between wealthy property owners and city officials over proposed real estate taxes and the broader direction of New York City’s fiscal policies.

Will Griffin's threatened exit cost New York more than the new tax would raise?

How can a $238M penthouse be valued at only $7M for tax purposes?

Could taxing empty luxury homes actually ease the city's housing affordability crisis?

Can New York City tax billionaires without driving away their massive investments?

Is the 'pied-à-terre' tax a real budget solution or just political theater?

What are the chances this tax survives the city's legal and administrative challenges?