Billionaire hedge fund boss Ken Griffin to pay Manhattan cathedral up to $164 million for air rights to build new skyscraper

• Citadel CEO Ken Griffin has struck a deal to buy St Patrick's Cathedral's air rights, per Bloomberg.
• The deal is part of plans to build a 1.7 million-square-foot skyscraper in Manhattan. 
• Citadel is doubling down on New York despite Griffin praising Miami as "the future of America." 

Billionaire hedge fund boss Ken Griffin has reportedly struck a deal — alongside Steve Roth's Vornado Realty Trust and Rudin Management — to pay a historic Manhattan cathedral for its air rights to build a skyscraper, according to a Bloomberg report.