Updated
Updated · Fox Business · May 5
Ken Griffin condemns Mamdani video and doubles down on Miami
Updated
Updated · Fox Business · May 5

Ken Griffin condemns Mamdani video and doubles down on Miami

2 articles · Updated · Fox Business · May 5
  • At the Milken Conference in Los Angeles, Griffin said the April 15 video outside his $238 million Manhattan penthouse showed New York "does not welcome success."
  • He said Citadel's planned 350 Park Avenue redevelopment, projected to create 6,000 construction jobs, 15,000 permanent jobs and involve more than $6 billion, remains under discussion.
  • Griffin said Citadel's Miami headquarters is being enlarged, linking his reaction to past frustrations in Chicago after Mamdani promoted a pied-a-terre tax on luxury homes worth more than $5 million.
With a $238M penthouse valued at $7M, can New York's new luxury tax actually work as planned?
Is a billionaire feeling 'unwelcome' a greater economic threat to a city than any new tax?