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New York City Mayor Mayor Zohran Mamdani spotlighted Citadel CEO Ken Griffin’s Manhattan penthouse in a viral video announcing a new pied-\u00e0-terre tax. (Credit: Norges Bank Investment Management)<\/p>\n
New York City Mayor Zohran Mamdani built his political agenda by taking aim at billionaires. Now he\u2019s praising one for backing the police.<\/p>\n
Last week, Mamdani publicly thanked Citadel billionaire Ken Griffin for supporting police funding, a moment that flew somewhat under the radar but offered a glimpse into a more complicated dynamic between the hedge fund king and the socialist mayor.<\/p>\n
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New York City Mayor Zohran Mamdani has previously criticized billionaires, including Ken Griffin, whom he recently thanked for supporting police. (Spencer Platt\/Getty Images \/ Getty Images)<\/p>\n
“I want to thank everyone who is here with us in the Hall of Heroes today, with special thanks to Police Commissioner [Jessica] Tisch and NYPD leadership,” Mamdani said at One Police Plaza, speaking before department brass and families of slain officers.<\/p>\n
“I also want to thank Ken Griffin for funding a memorial wall that will open later this year,” he added.<\/p>\n
The acknowledgment came just days after a public spat between the two, sparked by Mamdani\u2019s viral April 15 video promoting a proposed tax on second homes worth more than $5 million. Filmed outside Griffin\u2019s 24,000-square-foot Central Park South penthouse\u2014purchased for a record $238 million\u2014the video singled out Griffin by name.<\/p>\n
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Citadel CEO Ken Griffin purchased the penthouse property at 220 Central Park South in 2019 for roughly $238 million. (Jeenah Moon\/Bloomberg\/Getty Images \/ Getty Images)<\/p>\n
“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 in the clip.<\/p>\n
Griffin sharply criticized the move, calling it a “personal attack” and a “profound lack of judgment” during remarks at the Norges Bank Investment Management 2026 Investment Conference in Oslo, where he questioned what he described as the “demonizing” of business leaders.<\/p>\n
The clash underscores a widening divide between progressive ambitions for the city and the financial sector that has long powered its economy.<\/p>\n
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Following the episode, Griffin, who primarily resides in Florida, signaled he could reconsider a major Midtown Manhattan development, raising the stakes of the clash.<\/p>\n
For Griffin, the donation fits a broader pattern of backing law enforcement efforts in major cities; for Mamdani, the acknowledgment may signal a willingness to shore up funding for public safety.<\/p>\n
#Mamdani #praises #Ken #Griffin #police #support #billionaire #feud<\/p>\n","protected":false},"excerpt":{"rendered":"
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