Hedge fund Citadel bets on Miami as debate over New York second homes heats up - Reuters
Hedge fund Citadel bets on Miami as debate over New York second homes heats up Reuters
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"What the mayor of New York has made clear to my partners, and principally my New York partners, is that we need to double down on our bet in Miami."
— Ken Griffin , Executive
"Mamdani insisted his push for a new tax on pricey second homes isn’t 'motivated by any one individual.'"
— Zohran Mamdani , Politician
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<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxPZzRxU2ZUVmtDMXRUWGt6M3R6MWhfUEJMWlJKOVRpU1JUSjNkRFBhRnBlTW1zb3BsVWdNTDdaS2dReGhyaS1VclFxcGFBaExHRklBS2tRQ0hwaGowUU1VYk9qa09OclJhRlBHalQzaV9Ya0plUU1lczFaNXdqeDhZTkxtZDdJemxmdG10R0xYTkpUSTlvV3BnQ21zYjI2emtsZXN2ZjJ3WQ?oc=5" target="_blank">Hedge fund Citadel bets on Miami as debate over New York second homes heats up</a> <font color="#6f6f6f">Reuters</font>
Citadel CEO Ken Griffin announced the firm's expansion in Miami, increasing the size of its office building, amid tensions with New York City Mayor Zohran Mamdani over a proposed tax on luxury second homes.
New York City Mayor Zohran Mamdani addresses backlash from billionaire Ken Griffin over a proposed tax on second homes, emphasizing the policy's broader intent beyond individual targets.
Ken Griffin plans to expand Citadel's Miami office after New York Mayor Zohran Mamdani's viral video promoting a tax on second homes, which Griffin criticized as 'creepy and weird'.
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