After Months of Public Bickering, Ken Griffin Reaffirms Citadel's Commitment to New York City Ken Griffin, CEO of Citadel, has made it clear that his company will remain involved in the redevelopment of 350 Park Avenue, a major Midtown skyscraper.
This decision comes after months of public disagreements with Mayor Zohran Mamdani over the pied à terre tax, which aims to raise revenue from wealthy individuals who own secondary homes valued at over $5 million.
The drama surrounding Griffin and Mamdani highlights the complexities involved in high stakes real estate deals and municipal politics.