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Citadel Leaves Chicago Tower as City Alarmed by ‘Job Killer’ Tax

Bloomberg Markets
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Citadel Leaves Chicago Tower as City Alarmed by ‘Job Killer’ Tax

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Citadel Center in the Loop neighborhood of Chicago.Citadel is shrinking its footprint in Chicago three years after billionaire owner Ken Griffin left for Florida, moving the company’s remaining operations in the city out of the downtown tower that was named for it, according to people familiar with the matter.The company, which also shifted its headquarters to Miami in 2022, is relocating what’s left to a 50,000-square-feet space north of the Chicago River, said the people, who asked not to be named discussing private matters. The new space is about 10% of what Griffin’s financial firm occupied in 2020 as the Citadel Center’s main tenant. The 37-story tower is now for sale and no longer carries the name.

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Source: Bloomberg Markets