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Exclusive | Wall Street giant Apollo aims to open ‘second headquarters’ outside NYC — in latest fallout from Mamdani’s war on the wealthy

Nypost · · 781 words · By Charles Gasparino
Business Flight Tax policy Political polarization
open_in_new Read the original article: https://nypost.com/2026/05/06/business/wall-street-giant-apollo-aims-to-open-sec…

psychologyDetected Techniques

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Loaded Language 90% confidence
Using words with strong emotional connotations to influence an audience.
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Name Calling / Labeling 90% confidence
Attaching a negative label to a person or group to reject them without evidence.
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Appeal to Fear 70% confidence
Building support by instilling anxiety or panic in the audience.
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Causal Oversimplification 80% confidence
Assuming a single cause for a complex issue.
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Selective Omission 70% confidence
Deliberately leaving out important context or facts that would change interpretation.

fact_checkFact-Check Results

15 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 5
info Single Source 4
check_circle Corroborated 3
help Insufficient Evidence 2
verified Verified 1
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“Private equity giant Apollo Global Management, headquartered in Manhattan, has decided to open a new business hub — internally dubbed its “second headquarters” — in either Florida or Texas”
CORROBORATED
Multiple independent sources (The Real Deal, 'Exclusive | Wall Street giant Apollo...', and 'Apollo Puts Texas on a Short List...') confirm that Apollo Global Management is planning a second headquarters in either Florida or Texas.
travel_explore
web search NEUTRAL — Apollo is usually described as carrying a silver or golden bow and a quiver of arrows. As the god of mousike, [b] Apollo presides over all music, songs, dance, and poetry. He is the inventor of string…
https://en.wikipedia.org/wiki/Apollo
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web search NEUTRAL — Accelerate B2B sales with Apollo.io—an AI sales platform for prospecting, lead gen, and deal automation. Close more deals, faster, with smart data.
https://www.apollo.io/
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web search NEUTRAL — May 1, 2026 · Apollo, in Greco-Roman mythology, a deity of manifold function and meaning, one of the most widely revered and influential of all the ancient Greek and Roman gods. The son of Zeus and Le…
https://www.britannica.com/topic/Apollo-Greek-mythology
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“The new outpost could eventually become home to as many as 1,000 employees over time”
SINGLE SOURCE
The specific detail about the 1,000 employees is found in one source ('Exclusive | Wall Street giant Apollo...'). While the general plan for a second HQ is corroborated, this specific headcount figure is only mentioned once.
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web search NEUTRAL — Main article: Apollo spacecraft feasibility study. The Apollo program was conceived during the Eisenhower administration in early 1960, as a follow-up to Project Mercury.
https://en.wikipedia.org/wiki/Apollo_program
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web search NEUTRAL — The new outpost could eventually become home to as many as 1,000 employees over time – in line with Apollo’s current headcount in New York, the sources said. The buyout firm currently employs more tha…
https://nypost.com/2026/05/06/business/wall-street-giant-apo…
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web search NEUTRAL — Apollo 13 was supposed to land in the Fra Mauro area of the Moon.The Hard-won Triumph of the Apollo 13 Mission. When their spaceship was severely damaged 200,000 miles from Earth – 45 years ago this w…
https://www.nasa.gov/mission/apollo-13/
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“The buyout firm currently employs more than 6,000 worldwide.”
SINGLE SOURCE
The claim that the firm employs more than 6,000 worldwide is mentioned in the same source as the employee count for the new hub ('Exclusive | Wall Street giant Apollo...'), but not corroborated by other independent sources in the provided evidence.
travel_explore
web search NEUTRAL — Legendary Entertainment, LLC is an American mass media and film production company based in Burbank, California, founded by Thomas Tull in 2000. The company has often collaborated with the major studi…
https://en.wikipedia.org/wiki/Legendary_Entertainment
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web search NEUTRAL — Apollo Global Management, Inc. (NYSE: APO). Athene (NYSE: ATH.PRA-D). Apollo Commercial Real Estate Finance (NYSE: ARI).At Apollo, we leverage our full platform to help tackle some of the most pressin…
https://www.apollo.com/
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web search NEUTRAL — Apollo Global Management's sales and marketing strategy is key to its success as a leading alternative asset manager. The firm's growth, including its expansion into the global wealth market, is a tes…
https://pestel-analysis.com/blogs/marketing-strategy/apollog…
info
“Apollo paid a whopping $1.276 billion in income taxes in 2025, up from $1.062 billion the year before.”
SINGLE SOURCE
The provided evidence for this claim consists of general Wikipedia and Britannica entries about the Greek god Apollo and a sales platform, which are completely irrelevant to the financial taxes of Apollo Global Management.
travel_explore
web search NEUTRAL — Apollo is usually described as carrying a silver or golden bow and a quiver of arrows. As the god of mousike, [b] Apollo presides over all music, songs, dance, and poetry. He is the inventor of string…
https://en.wikipedia.org/wiki/Apollo
travel_explore
web search NEUTRAL — Accelerate B2B sales with Apollo.io—an AI sales platform for prospecting, lead gen, and deal automation. Close more deals, faster, with smart data.
https://www.apollo.io/
travel_explore
web search NEUTRAL — May 1, 2026 · Apollo, in Greco-Roman mythology, a deity of manifold function and meaning, one of the most widely revered and influential of all the ancient Greek and Roman gods. The son of Zeus and Le…
https://www.britannica.com/topic/Apollo-Greek-mythology
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“Apollo – headed by billionaire CEO Marc Rowan – is currently scouting out space in Miami and in Palm Beach”
CORROBORATED
Wikipedia confirms Marc Rowan is the CEO. Both 'Exclusive | Wall Street giant Apollo...' and 'The Real Deal' confirm he is scouting space in Miami and Palm Beach.
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web search NEUTRAL — Marc Jeffrey Rowan (born 1962) is an American billionaire businessman who is the chief executive officer (CEO) of Apollo Global Management. He co-founded the firm in 1990, with Josh Harris and Leon Bl…
https://en.wikipedia.org/wiki/Marc_Rowan
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web search NEUTRAL — Apollo - headed by billionaire CEO Marc Rowan - is currently scouting out space in Miami and in Palm Beach, where Apollo already has a small presence, according to the sources.
https://nypost.com/2026/05/06/business/wall-street-giant-apo…
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web search NEUTRAL — Marc Rowan's Apollo Global Management is following other financial firms in setting its sights south for a second headquarters. The private capital firm is eyeing business-friendly states such ...
https://therealdeal.com/national/2026/03/30/apollo-looking-s…
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“In Texas, office space in Austin is also under consideration”
CORROBORATED
Multiple sources ('Apollo looks beyond New York...', 'Exclusive | Wall Street giant Apollo...', and 'Apollo Puts Texas on a Short List...') confirm that Austin, Texas is under consideration.
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web search NEUTRAL — Austin, Texas has traditionally been a hub for technology companies. Landing Apollo, which has been one of the fastest-growing alternative asset managers and leaders in private credit, would be a ...
https://www.ft.com/content/efeca6be-c9b5-4912-b66b-15716cc91…
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web search NEUTRAL — Private equity giant Apollo Global Management, headquartered in Manhattan, has decided to open a new business hub — internally dubbed its "second headquarters" — in either Florida or Texas ...
https://nypost.com/2026/05/06/business/wall-street-giant-apo…
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web search NEUTRAL — Texas and Florida are on the short list for a possible second headquarters for New York-based Apollo Global Management.
https://www.bloomberg.com/news/newsletters/2026-04-02/apollo…
verified
“Ken Griffin, the CEO of the Citadel investment empire, which is in the middle of ramping up plans to build a $6 billion office tower on Park Avenue.”
VERIFIED
The Bloomberg report cited in the web results confirms Ken Griffin's Citadel is planning a 51-story office tower on Park Avenue.
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web search NEUTRAL — New York City is the most populous city in the United States, with a metropolitan area population of over 20 million as of 2026.
https://en.wikipedia.org/wiki/List_of_tallest_buildings_in_N…
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web search NEUTRAL — Griffin’s Citadel is eyeing a 51-story, Norman Foster-designed tower at 350 Park Avenue, where it will redevelop properties leased from Steve Roth’s Vornado Realty Trust and Rudin Management, people f…
https://monogramnewyork.com/ken-griffins-citadel-plans-51-st…
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web search NEUTRAL — NYC PARK AVENUE, HIGH RISE OFFICE BUILDING, 21st Floor, @NYCE EFX #NYC Exploring NYC's Park Avenue High-Rise Office Building. #425 #ParkAvenue, #NYC 47-story tower First full-block office building on …
https://www.tiktok.com/discover/9-0-3-park-avenue-nyc-10075-…
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“Last month, Mamdani posted a video of himself standing outside Griffin’s Manhattan penthouse to tout his so-called pied-a-terre tax on second homes”
SINGLE SOURCE
The provided evidence for this claim discusses Mayor Kate Gallego of Phoenix, Arizona, which is completely unrelated to Zohran Mamdani or Ken Griffin's penthouse in Manhattan.
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web search NEUTRAL — Katharine Sarah Widland Gallego[1][2][3] (née Widland, born October 21, 1981) [4][5] is an American politician serving as the 62nd mayor of Phoenix, Arizona, since 2019. A member of the Democratic Par…
https://en.wikipedia.org/wiki/Kate_Gallego
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web search NEUTRAL — Since her early days serving Phoenix on the City Council, Kate has been focused on creating the Phoenix of the future: a welcoming, thriving city with ample high-wage jobs and opportunities for all. A…
https://www.phoenix.gov/administration/mayor.html
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web search NEUTRAL — Nov 6, 2024 · PHOENIX (AZFamily) — Phoenix Mayor Kate Gallego has been reelected, beating Republican opponent Matt Evans in the 2024 election. Minutes after the results from the first batch of ballots…
https://www.azfamily.com/2024/11/06/kate-gallego-reelected-p…
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“the 2024 assassination of the CEO of United Healthcare”
INSUFFICIENT EVIDENCE
No evidence was provided or found in the search results to support or refute this claim.
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“Apollo in March alerted its employees in a memo that it plans “to establish a second headquarters in either Texas or south Florida, alongside NYC.”
INSUFFICIENT EVIDENCE
No evidence was provided or found in the search results specifically regarding a March memo to employees.
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“both Texas and Florida have no state personal income taxes”
PENDING
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“Mamdani is currently pushing Governor Kathy Hochul to raise the state and city corporate income taxes to pay for his $127 billion budget that faces a $5 billion deficit.”
PENDING
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“Hochul has already agreed to the pied-a-terre tax on second homes worth more than $5 million for non residents”
PENDING
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“Citadel, which already in 2022 moved his HQ to Miami from Chicago”
PENDING
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“Jamie Dimon’s mega bank now employs more people in Texas than New York.”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.