Macro Finance
Ken Griffin’s NYC Tower Gets $3.3 Billion Construction Loan
Bloomberg Markets·October 21, 2026·1 min read
Ken Griffin, Vornado Realty Trust and Rudin secured a $3.3 billion construction loan for a new office tower on Manhattan's Park Avenue. The project's future was previously uncertain after New York Mayor Zohran Mamdani provoked Griffin's ire earlier this year, but the loan signals progress for the development.
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