Ken Griffin is in the spotlight due to NYC’s pied-à-terre tax debate with billionaire pushback. Griffin: founder of hedge fund Citadel, billionaire philanthropist.
New York City Mayor Zohran Mamdani has reported modest increases in his music royalties, earning $1,643 in 2025. His income primarily comes from his salary as a state Assembly member, with additional earnings from his past music career. His tax filings reveal a total joint income of about $145,000, with a significant salary increase now that he is mayor.
Roskomnadzor has been at the center of a February-to-April surge in security claims, with authorities alleging Ukrainian involvement in a string of sabotage attempts and threatening online information controls amid broader war-time tensions. The latest case involves a supposed drone- or bomb-related plot raising questions about Ukrainian influence and internal security responses.
Mayor Zohran Mamdani has announced a pied-à-terre tax targeting luxury properties worth over $5 million, including Ken Griffin's $238 million penthouse. The move has triggered opposition from Griffin's hedge fund Citadel, which is considering halting a $6 billion redevelopment project. Critics warn the tax could drive wealthy residents and businesses away from New York City.
New York City's Rent Guidelines Board has signaled ranges for potential rent changes for stabilised units, amid a heated debate over affordability. The board plans public hearings and a summer vote to decide whether rents will ease or rise, with critics warning of consequences for housing quality.
JPMorgan Chase has publicly warned that its three‑million‑square‑foot Canary Wharf headquarters project could be reversed if the Labour leadership becomes hostile to banks. Dimon has praised Keir Starmer but says policy shifts toward bankers would trigger a reconsideration of the plan, which has been in motion since last year.
New York Mayor Zohran Mamdani is facing continued critique from business leaders and rivals as his pied‑à‑terre tax plan and related policy moves draw opposition. Major financiers have signaled potential relocation as Griffin and others push back, while external partners weigh the city’s economic future.