Trump Warns Mamdani Over Property Tax Hikes—Amid Mayor’s Spat With Billionaire Ken Griffin

Trump urges Mamdani to ‘cherish’ billionaires as Ken Griffin plots Miami move

President Trump urged New York City Mayor Zohran Mamdani to “cherish” billionaires like Ken Griffin after the Citadel CEO threatened to bolt from a Park Avenue skyscraper project and move to Miami in response to the socialist mayor’s attacks.

Trump Warns Mamdani Over Property Tax Hikes—Amid Mayor’s Spat With Billionaire Ken Griffin

The mayor's executive budget, expected Tuesday, abandons a nearly 10% property tax increase that faced opposition from the City Council and alarmed credit rating agencies.

Trump Urges Mamdani to ‘Cherish’ Billionaires

President Trump urged New York City Mayor Zohran Mamdani to “cherish” billionaires like Ken Griffin after the Citadel CEO threatened to bolt from a Park Avenue skyscraper project and move to Miami in response to the socialist mayor’s attacks, the New York Post reports. Said Trump: “When you lose people like that, it’s sort of not recoverable.” He added: “Always you say something’s recoverable, right? But it’s not recoverable. Then they build som…

Mamdani’s Tax Day Vid Backfires As Businesses Look To Escape New York

By Jarrett Stepman, The Daily Signal May 09, 2026 New York City Mayor Zohran Mamdani is already having success in redistributing wealth, right out of his city. It seems the socialist mayor’s creepy video celebrating Tax Day and directly calling out billionaire CEO Ken Griffin as a target for a new pied-à-terre tax may have backfired.While the slickly produced video—where he gleefully spoke about taxing the “rich”—may have been good short-term po…

New York Mayor Fumbles As Citadel Chief Doubles Down On Miami Investment

New York City Mayor Zohran Mamdani is standing firm on his “Tax the Rich” initiative, even as hedge fund CEO Ken Griffin threatens to shift investment away from the city. During a press conference on May 6, 2026, Mamdani was questioned about his relationship with Griffin, whose recent comments about a video featuring his penthouse have drawn attention. Griffin called the video “creepy” and “weird,” indicating that he felt unfairly targeted by Ma…

"Socialist" Mamdani Doubles Down On "Tax The Rich" Even As New York's Wealthy Residents Flee, Yank Away Investments - The American Tribune.com

New York City Mayor Zohran Mamdani, a Democratic socialist, has decided to double down on his “Tax the Rich” plan, despite hedge fund CEO Ken Griffin having expressed interest in furthering investments he’s made in Miami, Florida. During a press conference held on May 6, 2026, a reporter asked the mayor “what sort of conversations” he has had with Griffin, the CEO and founder of Citadel, since a video in April featured Griffin’s penthouse. The r…