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1 week ago

Mamdani's clash with billionaire puts NYC street food vendors in the crosshairs

A threat from hedge fund Citadel to put a halt to its $6 billion Midtown Manhattan offices over a tax proposal from Mayor Zohran Mamdani threatens area food vendors' dwindling business, vendors told FOX Business.The fund, founded by Ken Griffin in 1990, made the threat after Mamdani directly targeted Griffin while announcing a new tax on second homes in the city."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 a video announc...

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1 week ago
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