Citadel strikes back

Thinker101

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In a video last week, Mamdani beamed as he stood in front of the Citadel founder’s 24,000-square-foot property at 220 Central Park South – which he scooped up for $238 million in 2019, the most expensive home sale in the country.

Griffin — whose net worth is estimated by Forbes at $50 billion — wasn’t amused. A top exec at his hedge fund sent a companywide email Thursday afternoon blasting the mayor’s comments – and hinting at a potential reversal on a massive Midtown project.

“We are about to commence the redevelopment of 350 Park Avenue, creating 6,000 highly paid construction jobs and supporting the creation of more than 15,000 permanent jobs in mid-town New York,” wrote Chief Operating Officer Gerald Beeson in an email obtained by The Post.

“The project – if we move forward – will entail more than $6 billion dollars of spending.”


Ouch, sounds like checkmate. Wonder if Mamdani is still beaming?

Ken Griffin’s Citadel claps back at Mamdani’s viral ‘penthouse’ video — threatens to scrap $6B NYC development
 
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