"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."
"Cutting ties with New York might be more challenging for the hedge fund, which is battling other investment managers for top trading pros in an ongoing war for talent."
Ken Griffin, founder of Citadel, faces criticism from NYC Mayor Zohran Mamdani regarding a proposed tax on second homes valued over $5 million. In response, Citadel's COO hinted at reevaluating a $6 billion redevelopment project in Midtown. Griffin, who moved his firms to Miami, has previously clashed with city officials, particularly over crime. Despite concerns about high taxes driving businesses away, New York remains a key hub for investment firms and talent.
Read at www.businessinsider.com
Unable to calculate read time
Collection
[
|
...
]