Billionaire hedge fund founder Ken Griffin, Vornado Realty Trust and Rudin have finalized a joint venture to develop a 66-story Manhattan office skyscraper, securing a $3.3 billion construction loan for the project.Vornado announced Wednesday that it had finalized the joint venture with Griffin and New York real estate firm Rudin to develop the 1.9 million-square-foot tower at 350 Park Avenue. Under the joint venture, an affiliate of Griffin, the founder and CEO of Citadel, will own 60% of the project, while Vornado will hold a 36% stake and Rudin will retain the remaining 4%.Citadel Enterpris...
Ken Griffin secures $3.3B loan for NYC skyscraper after earlier Mamdani feud
HALO Newsroom
Oct 22, 2026 • 3 days ago
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