Fortune

Vornado-topman Roth kritiseert burgemeester Mamdani om 'belastingrijken'-video

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NYC Mayor Zohran Mamdani's viral video promoting a $5 million luxury property tax—filmed at Ken Griffin's penthouse—drew fierce backlash from business titans including Vornado's Steven Roth and Griffin himself, who deemed it irresponsible. The confrontation underscores deepening rifts between City Hall and the business community over a measure potentially yielding $500 million yearly.