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Fortune
Fortune
Joshua Hong

After months of a public back and forth over Mamdani’s pied-à-terre tax, Ken Griffin isn’t ready to give up on New York after all

(Credit: Eva Marie Uzcategui—Bloomberg/Getty Images)

One filmed a widely regarded publicity “stunt” outside the other’s $238 million penthouse. The latter responded by telling the former he was doxxing him, told him to read a history book, and waved a major $4.5 billion project over the former’s head. Months passed, a new tax was introduced, and fans of both sides charged the other. And after all this back and forth, nothing changed.

Ken Griffin’s public feud with New York City Mayor Zohran Mamdani has not stopped Citadel from doubling down in Manhattan. The past few months have been a point of contention for the Citadel CEO and the young self-described democratic socialist mayor of the nation’s biggest city, complete with video callouts and threats to remove Citadel’s funding of a major Midtown skyscraper. But according to a Tuesday morning earnings call from Vornado CEO Steven Roth, Citadel will carry forward with the 350 Park Avenue redevelopment after all.

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