Hedge fund executive Ken Griffin announced he is meeting with New York Gov. Kathy Hochul on Thursday after New York City Mayor Zohran Mamdani singled him out while advocating for a new tax on luxury real estate. Reuters reports Griffin, the founder and CEO of Citadel...
Hedge fund executive Ken Griffin is pushing back at New York Mayor Zohran Mamdani’s attempt to single him out as a luxury real estate owner who is not paying his fair share of taxes. Last week, Mamdani used a social media video filmed in front of the Central Park...
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. From the wild and wooly world of real estate, here are our Hits and Misses for the week of...
Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 11-15. Hit: Let’s Not Go, Brandon. Praise goes this...
A historic church in Midtown Manhattan has agreed to sell at least 150,000 square feet of its air rights to a partnership led by hedge fund executive Ken Griffin. St. Bartholomew’s Church at 325 Park Ave. has entered into the transaction with Griffin, Rudin Management...