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New York City 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 said Friday he has attempted to meet with billionaire Citadel CEO Ken Griffin after the hedge fund executive blasted the mayor\u2019s viral “Tax the Rich” video targeting him.<\/p>\n
Mamdani said a member of his team reached out to Griffin but had not received a response.<\/p>\n
“We reached out to set up a meeting,” Mamdani said Friday. “We’re still waiting to hear.”<\/p>\n
“That continues to be an open invitation, and it\u2019s part of invitations that I\u2019ve made to a number of business leaders across the city,” he continued. “I\u2019m there to listen and there to have a conversation that goes beyond places of agreement, but perhaps places of disagreement to hear honest reflection and critique, without putting any precondition on the nature of that conversation.”<\/p>\n
BILLIONAIRE SAYS MAMDANI\u2019S ‘TAX THE RICH’ VIDEO OUTSIDE HIS NYC APARTMENT WAS \u2018CREEPY\u2019 AND \u2018FRIGHTENING\u2019<\/p>\n
On April 15 (Tax Day), NYC Mayor Zohran Mamdani posted a video outside Ken Griffin\u2019s Manhattan penthouse promoting a new “tax-the-rich” policy. (Spencer Platt\/Aaron Schwartz\/Bloomberg\/Getty Images \/ Getty Images)<\/p>\n
The outreach comes after Mamdani posted a video on April 15 highlighting Griffin\u2019s property while promoting a new pied-\u00e0-terre tax proposal.<\/p>\n
In the video, the mayor \u2014 who has pledged to raise taxes on wealthy New Yorkers \u2014 stood outside Griffin\u2019s 24,000-square-foot penthouse, which Griffin purchased in 2019 for $238 million, the most expensive residential sale in U.S. history.<\/p>\n
Griffin later criticized the video, calling it a “creepy and weird” political advertisement.<\/p>\n
A spokesperson for Griffin did not say whether he plans to meet with the mayor.<\/p>\n
MAMDANI TAX BREAK PROPOSAL SPARKS FEARS AS BUSINESS LEADERS WARN OF \u2018FRAGILE\u2019 NYC ECONOMY<\/p>\n
Citadel Founder and CEO Ken Griffin called New York City Mayor Zohran Mamdani\u2019s viral video singling out his Manhattan penthouse while announcing a new tax a “personal attack” and a “profound lack of judgment.” (Denis Balibouse\/Reuters \/ Reuters)<\/p>\n
“Ken cares deeply about New York City and welcomes thoughtful, serious conversations about the policies that can grow the city\u2019s economy and create more opportunity for all New Yorkers,” the spokesperson said in a statement to FOX Business. “Reckless political theater serves no purpose and undermines the future of one of the world\u2019s most important cities.”<\/p>\n
In the April video promoting higher taxes on wealthy New Yorkers and a pied-\u00e0-terre tax on second homes, Mamdani singled out Griffin\u2019s penthouse as an example of what he called a “fundamentally unfair system.”<\/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\u2014like this penthouse, which hedge fund CEO Ken Griffin bought for $238 million,” Mamdani said in the video.<\/p>\n
Speaking at the Milken Conference in Los Angeles earlier this month, Griffin said Mamdani\u2019s “frightening” video reaffirmed his decision to “double down” on business in Miami.<\/p>\n
MAMDANI THANKS SAME BILLIONAIRE HE TARGETED IN TAX VIDEO FOR NYPD MONEY<\/p>\n
New York City Mayor Zohran Mamdani said his team reached out to Citadel CEO Ken Griffin following criticism over a viral tax proposal video. (Michael Nagle\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n
“Mamdani has made it very clear\u2014New York does not welcome success,” Griffin said during the panel.<\/p>\n
Citadel is currently building a new headquarters in Miami, and Griffin reiterated plans to expand the company\u2019s presence in Florida, citing the state\u2019s pro-business policies.<\/p>\n
The mayor\u2019s office previously told Fox News Digital that Mamdani “wants all New Yorkers to succeed,” including Griffin, whom it described as a major employer in the city.<\/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
“That does not negate the fact, however, that our tax system is fundamentally broken,” the statement continued. “It rewards extreme wealth while working people are pushed to the brink.”<\/p>\n
“The status quo is unsustainable and unjust,” it added. “If we want this city to become a place that working people can afford, we need meaningful tax reform that includes the wealthiest New Yorkers contributing their fair share.”<\/p>\n
FOX Business’ Nikolas Lanum and Alexandra Koch contributed to this report.<\/p>\n
#NYC #Mayor #Mamdani #seeks #meeting #Ken #Griffin #tax #video #backlash<\/p>\n","protected":false},"excerpt":{"rendered":"
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