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1 hour ago

Hedge fund billionaire expands Miami development plans after Mamdani feud

Billionaire hedge fund CEO and owner Ken Griffin is making good on his promise to "double down" on Miami after publicly feuding with New York City Mayor Zohran Mamdani over New York's new tax on expensive second homes.Griffin, who runs hedge fund Citadel, plans to add a 300-unit apartment building and a 1,400+ space parking garage to the site of Citadel’s future headquarters in Miami’s financial district Brickell, recent filings show.Citadel also acquired every unit in a 22-story condominium tower across the street from the Brickell building with plans to demolish it to expand the Miami campus...

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