Overview
- Griffin, speaking Tuesday at the Milken conference, called the mayor’s Tax Day video “creepy” and said Citadel has filed permits to enlarge its Miami headquarters by several hundred thousand square feet.
- The April 15 video used Griffin’s $238 million penthouse to illustrate a proposed surcharge on non‑primary New York homes over $5 million, a measure projected to raise roughly $500 million a year.
- Citadel executives said they are debating whether to proceed with the $6 billion 350 Park Avenue redevelopment, which they have described as creating 6,000 construction jobs and supporting about 15,000 permanent roles.
- Vornado CEO Steven Roth, a partner on 350 Park and a top city landlord, condemned the video as “irresponsible and dangerous” and urged a more business‑friendly posture from City Hall.
- Gov. Kathy Hochul backs the surcharge, but lawmakers in Albany must still authorize it in the state budget, with key details such as primary‑residence verification and enforcement yet to be settled.