Ken Griffin, founder and CEO of Citadel, said that he has halted his New York City expansion after Mayor Zohran Mamdani instituted his tax plan.
Griffin expressed his thoughts about Mamdani at the Milken Global Conference this week.
“When we moved from Chicago, there was a debate between New York and Miami; it’s unquestionably true that we made the right choice,” said Griffin on the decision to move to Miami. “I’ll leave it at that. And now, what the Mayor of New York has made clear to my partners, and principally, my New York partners, is that we need to double-down on our bet in Miami because we want to be in a state that embraces business…
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