Ken Griffin, the hedge fund CEO who has positioned himself as Miami’s hometown billionaire, is “doubling down” on South Florida.
Griffin said on Tuesday in an interview with CNBC that he’s planning to add hundreds of thousands of square feet of office space to the new Citadel headquarters in Brickell.
A spokesperson for Citadel told the Miami Herald last month that construction had begun on the planned 1,049-foot tower at 1201 Brickell Bay Dr., which will be one of Miami’s tallest buildings when completed. The spokesperson did not respond to an email asking about Citadel’s plans to expand its office space in Brickell.
The Florida-born billionaire said the decision came in response to New York Mayor Zohran Mamdani’s proposed tax on second homes worth more than $5 million, which he promoted by posting a video shot in front of Griffin’s New York penthouse, an approximately $238 million condominium that broke the record for the most expensive home ever sold in the U.S. in 2019…