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Hedge fund billionaire Ken Griffin’s pandemic real estate buying spree has yet to end.
Last year, the $51 billion Citadel announced it would relocate its headquarters from Chicago to Miami. Griffin’s personal investment followed. By September, it was reported that Citadel CEO Griffin owns at least $1.3 billion of residential and commercial real estate in South Florida alone.
Griffin added to his portfolio recently, with a $83 million, 50,000-square-foot office building at 125 Worth Avenue. Next door, 151 Worth Avenue is also owned by an entity tied to Citadel. Both properties were bought by Griffin, not Citadel.
However, those properties are worth pennies compared to Griffin’s other real estate investments.
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