Ken Griffin's NYC Tower Progresses Despite Feud

Citadel CEO Ken Griffin plans to develop a new skyscraper at 350 Park Avenue in New York City, with Citadel and Vornado Realty Trust as primary partners. The project, despite Griffin’s feud with Mayor Zohran Mamdani over a luxury property tax targeting high-value, non-resident owners, is moving forward with significant investment and job creation plans. The controversy arose after Mamdani publicly criticized Griffin for owning an expensive penthouse, but he later acknowledged Griffin’s contributions to the city.

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