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Citadel Executives Threaten to Halt New York Projects Following Tax Rhetoric.

April 23, 2026 at 8:11 PM

Citadel COO Gerald Beeson has criticized NYC Mayor Zohran Mamdani’s proposal to tax luxury non-primary homes, hinting that the hedge fund may abandon a $6 billion redevelopment project in the city due to the hostile political climate toward its founder, Ken Griffin.

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