04/30/2026
Ken Griffin's Miami tower has a New York subplot. The Citadel billionaire is moving ahead with a 54-story, 1.7 million-square-foot office tower in Brickell, dropping earlier plans for a hotel and doubling down on space for Citadel and Citadel Securities. The project has been in the works for years, part of Griffin’s broader push into South Florida.
Lately, though, the contrast has sharpened. Earlier this month, Mayor Zohran Mamdani stood outside 220 Central Park South — where Griffin owns a record-setting $238 million penthouse — to promote a proposed pieds-à-terre tax. Citadel’s COO called the move “shameful,” and Griffin has since suggested he could walk away from a planned $6 billion office project at 350 Park Avenue.
Miami, meanwhile, is offering fewer headaches and more headroom. Site work is already underway on the bayfront Brickell development, which could become the long-term home for Griffin’s firms.
Read more at the link: https://therealdeal.com/miami/2026/04/28/ken-griffin-expands-office-space-at-planned-brickell-tower/?tpcc=sprout_general&utm_campaign=sprout_general&utm_content=1777501399&utm_medium=The+Real+Deal&utm_source=facebook