Citadel CEO Ken Griffin told CNBC his company has started shifting investment toward Miami in response to New York City Mayor Zohran Mamdani’s viral tax day video calling out the hedge-fund chief.
“In reaction to New York, we filed a permit with the city of Miami. We’ve added several hundred thousand square feet of new space in our new building,” the billionaire told CNBC’s Sara Eisen in an exclusive interview at the Milken Institute Global Conference on Tuesday.
“We will add far more jobs in Miami over the next decade as an immediate and direct consequence of the mayor’s poor decision here, with respect to his posting of that video,” Griffin said.
He said Citadel’s decision to move forward with a pricey redevelopment of a Park Avenue building — which the company says will cost more than $6 billion and help create more than 15,000 permanent jobs — has become “a real topic of debate.”
But “we probably will go through [with] the building when it’s all said and done,” he added.
