NYC’s Mamdani Tries Defusing Griffin Blowback to Second-Home Tax

April 24, 2026, 7:30 PM UTC

New York City Mayor Zohran Mamdani insisted his push for a new tax on pricey second homes isn’t “motivated by any one individual,” as reporters pressed him on whether he regretted singling out billionaire Ken Griffin’s $238 million Manhattan penthouse in a viral social-media video.

Mamdani’s explanations came at an unrelated press conference in Brooklyn, a day after Citadel’s Chief Operating Officer Gerald Beeson raised the possibility of stopping work on a $6 billion, 62-story development at 350 Park Avenue in response to the mayor’s comments about Griffin, the firms’ founder.

Read More: Citadel Sends Warning Shot to NYC ...



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