Citadel’s Griffin to meet with NY leadership this week

Citadel founder Ken Griffin said he will meet with New York Governor Kathy Hochul on Thursday, escalating his public criticism of a proposed tax on luxury second homes.

Reuters reported that Griffin made the remark during an appearance at Norges Bank Investment Management’s conference in Oslo on April 28. Griffin said the meeting would focus on New York’s future direction.

The dispute centers on a proposal to tax second homes worth more than $5 million. Griffin has criticized the plan and also objected to Mayor Zohran Mamdani’s use of his name in the debate.

The meeting adds a political dimension to a broader tax fight that has drawn in one of the country’s best-known hedge fund managers. It also comes as New York leaders weigh how aggressively to pursue new revenue measures.

NBIM’s official conference page confirms Griffin was a featured speaker at the April 28 investment conference in Oslo, supporting the timing of the Reuters report.

The immediate question is whether the scheduled meeting with Hochul produces any sign of compromise or whether the standoff over the proposed tax continues.

For now, Griffin’s decision to meet the governor suggests the issue has moved from public criticism to direct talks with state leadership.