Billionaire hedge fund manager Ken Griffin now controls a full city block in Miami’s desirable Brickell financial district following a unanimous vote by the City of Miami Commission to approve the sale of a historic site to the Citadel CEO.
The nearly $3 million transaction centers on the land beneath the historic James Jackson Cottage, which was constructed in 1905.
For decades, the city-owned property has functioned as the headquarters for the Dade Heritage Trust, a prominent local historic preservation nonprofit. As a part of the deal, Citadel agreed to gift the cottage to the trust and pay for the relocation and maintenance of the property…