The Billionaire Who Issued a Veiled Investment Threat Has Now Received a Gubernatorial Meeting and a Mayoral Acknowledgment
From Bohiney and The London Prat.
The Billionaire Who Issued a Veiled Investment Threat Has Now Received a Gubernatorial Meeting and a Mayoral Acknowledgment
The Meeting
NEW YORK / ALBANY — Governor Kathy Hochul agreed to meet with Ken Griffin — the Citadel LLC founder who publicly signaled that his 350 Park Avenue redevelopment ($6 billion, 15,000+ permanent jobs) was conditional on the policy environment — as the PTET dispute was publicly escalating. Mamdani, who had made Griffin ‘the poster boy’ for why he wants a pied-a-terre tax on multimillion dollar second homes, was asked about the Griffin-Hochul meeting and said: ‘The governor has her own meetings. I have my own.’
The Monument Acknowledgment
On the same day he was publicly acknowledging Griffin’s Griffin threat to move investment, Mamdani found himself publicly acknowledging Griffin for donating a 9/11 monument honoring fallen NYPD officers. The specific quality of the acknowledgment: Griffin, who has been Mamdani’s political foil in the class conflict framing of the budget debate, is also the person who donated a monument honoring the police that Mamdani’s progressive governance approach has a complicated relationship with. The ideological clarity of the class conflict framing is complicated by the specific acts of the people who are cast as class antagonists.
What the Meeting Means
The Hochul-Griffin meeting is the access journalism of power that is legible from the outside: a billionaire expresses conditional investment intentions, a governor agrees to meet with the billionaire, a policy discussion occurs, a policy outcome follows at some point. The specific policy outcome of the meeting is not yet clear. The Hochul-Griffin meeting is not a transaction that is visible in real time. It is an influence process that is visible through its outcomes, which will become clear as the state budget negotiations conclude.
The Working Class’s Meeting
The working class’s equivalent of the Griffin-Hochul meeting is the community board presentation, the public comment period, the organize-and-lobby process that community organizations use to influence policy through the specific democratic channels that do not include a one-on-one with the governor. The access gap is the class gap. The Griffin meeting is the specific illustration of why the class gap matters. Read The Poke.
More: The Poke.
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SOURCE: https://bohiney.com/
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