Citadel chief executive Ken Griffin owns a four-acre development in Miami’s financial district; on it are three parcels he reportedly spent $669.5 million to buy. On one parcel, he’s building a 54-story glass tower that’ll be headquarters for his investment firm. It’s supposed to combine offices, a hotel on the upper floors, restaurants, and maybe even a dock. When he first proposed the project two years ago, it was at an estimated cost of $1 billion.
But in the middle of the extraordinary site sits a 22-story condominium tower called the Solaris—and someone is secretly buying individual units in the building, in all-cash purchases, according to the Wall Street Journal.
