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Citadel Threatens NYC Expansion Over Mamdani's Pied-à-Terre Tax

Citadel, led by Ken Griffin, has strongly pushed back against New York Assemblyman Zohran Mamdani's proposed 'pied-à-terre' tax, which targets luxury second homes. The firm suggested the tax, promoted with a video featuring Griffin's penthouse, could jeopardize its planned expansion in New York City.

23 Apr, 18:44 — 23 Apr, 20:46
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bloombergHigh2d ago

Citadel Raises Halting NYC Expansion in Rebuke of Mamdani - Bloomberg.com

Citadel Raises Halting NYC Expansion in Rebuke of Mamdani  Bloomberg.com

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wsjHigh2d ago

Exclusive | Ken Griffin Pushes Back After Mamdani Features His $238 Million Penthouse in Tax-the-Rich Video - WSJ

Exclusive | Ken Griffin Pushes Back After Mamdani Features His $238 Million Penthouse in Tax-the-Rich Video  WSJ

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cnbcMostly Factual2d ago

NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move 'shameful'

Chief Operating Officer Gerald Beeson saying in a memo that targeting Griffin showed "ignorance and disdain" toward contributors to the city's economy.

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Business InsiderMostly Factual2d ago

Ken Griffin's deputy calls Zohran Mamdani's targeting of the billionaire 'shameful' in a companywide memo

Billionaire Ken Griffin is one of the biggest donors to the Republican Party. Fabrice COFFRINI / AFP via Getty Images Last week, NYC Mayor Zohran Mamdani named billionaire Ken Griffin as someone who should pay more taxes. Mamdani has proposed a pied-à-terre tax on non-primary homes worth over $5 million. Griffin's deputy defended his boss's record in NY and hinted at a possible pullback from the Big Apple. Billionaire Ken Griffin was targeted last week by New York City Mayor Zohran Mamdani ...

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seeking-alphaMixed2d ago

Citadel floats possibility of stopping NYC expansion - report

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