NYC Mayor Mamdani knocked Ken Griffin in pied-a-terre tax promo. His firm calls the move ‘shameful’
By CNBC
April 23, 2026, 5:04 PM EST
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(CNBC) Citadel CEO Ken Griffin criticized NYC Mayor Zohran Mamdani for proposing a pied-à-terre tax targeting wealthy non-resident homeowners, calling it ignorant and disdainful.
Citadel CEO Ken Griffin condemned NYC Mayor Zohran Mamdani’s proposal for a pied-à-terre tax aimed at wealthy non-resident homeowners, specifically targeting Griffin. The company’s COO, Gerald Beeson, expressed disappointment in the mayor’s actions, highlighting Citadel’s significant contributions to New York City’s economy through taxes, philanthropy, and job creation.
