Ken Griffin’s Citadel fires back at NYC Mayor Zohran Mamdani ‘tax the rich’ video featuring his $238 million penthouse

New York City Mayor Zohran Mamdani marked tax day by making good on one of his most prominent campaign promises, and he did it while outside hedge fund billionaire Ken Griffin’s front door—and the Citadel CEO worth over $51 billion did not like it one bit.

In a video posted on Tax Day by the NYC Mayor’s Office, Mamdani announced the city’s first-ever pied-à-terre tax: an annual fee on luxury properties valued above $5 million whose owners do not live in New York full-time. The video, which has already drawn nearly 470,000 views and 48,000 likes, was shot outside 220 Central Park South, the building where Griffin owns a four-floor penthouse he purchased in 2019 for $238 million, then the highest price ever paid for a home in the United States.

“When I ran for mayor, I said I was going to tax the rich,” Mamdani said in the one-minute clip. “Well, today we’re taxing the rich.”

But a week later, Griffin’s COO at Citadel, Gerald Beeson, hinted the company might not move forward with a massive undertaking in a Midtown construction project.

“We are about to commence the redevelopment of 350 Park Avenue, creating 6,000 highly paid construction jobs and supporting the creation of more than 15,000 permanent jobs i...