Billionaire investor Ken Griffin intensified his criticism of Zohran Mamdani, saying New York is becoming less welcoming to businesses and wealthy investors as tensions grow over the mayor’s proposed tax policies.
Speaking at the Milken Institute Global Conference on Wednesday, Griffin said Citadel would “double down” on Miami as a growth hub while the firm continues evaluating its long-term expansion plans in New York.
The comments follow the New York City mayor’s April campaign video filmed outside Griffin’s $238 million Manhattan penthouse, promoting a proposed pied-à-terre tax on luxury second homes valued above $5 million.
Griffin called the video “creepy and weird” and said it raised broader concerns about hostility toward successful individuals and businesses in the city.
Tax Debate
Mamdani has argued the proposed tax would help address budget pressures while asking wealthy property owners to contribute more to …
This post was originally published here
