Macro Finance
Ken Griffin’s New 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 clouded earlier this year after New York Mayor Zohran Mamdani provoked Griffin's ire, but the financing signals progress on the development.
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