Ken Griffin's firm on Mamdani's pied-a-terre tax promo: The move is 'shameful'

• Citadel blasted NYC Mayor Mamdani's video promoting a pied-à-terre tax, filmed outside Ken Griffin's residence, as 'shameful'.
• Citadel highlighted its employees' $2.3 billion in NYC and state taxes over five years and a planned $6 billion redevelopment project at 350 Park Avenue, which is expected to create 6,000 construction jobs and 15,000 permanent roles.
• The CNBC anchor suggested the mayor's approach sends a message that New York is 'not open for business' to wealthy contributors.

Citadel, Ken Griffin's firm, strongly criticized New York City Mayor Zohran Mamdani's social media video promoting a pied-à-terre tax, calling the move 'shameful'. The firm views the targeting of Griffin as showing 'ignorance and disdain' towards significant economic contributors, potentially jeopardizing future investments and job creation in the city.