""It is shameful that he used Ken's name as the example of those who supposedly aren't carrying their fair share of the burdens associated with New York City's often costly and wasteful spending," Beeson said. "In doing so, the mayor has once again manifested the ignorance and disdain of the elite political class towards those who have been consistently committed to building one of the greatest cities in the world.""
""This is an annual fee on luxury properties worth more than $5 million whose owners do not live full-time in the city. Like for this penthouse, which hedge-fund CEO Ken Griffin bought for $238 million," Mamdani said."
Mayor Zohran Mamdani announced a proposal from Governor Kathy Hochul to charge a yearly surcharge on expensive second homes in New York City. The pied-à-terre levy targets properties valued over $5 million that are not occupied full-time. Mamdani highlighted Citadel CEO Ken Griffin as an example, referencing his $238 million penthouse. Griffin's representatives expressed discontent, emphasizing his charitable contributions and tax payments, criticizing the mayor for misrepresenting the wealthy's role in supporting the city.
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