# Apollo Global Management, headquartered in Manhattan, has decided to open a new business hub in either Florida or Texas.

*business · news · 2026-05-06 · New York Post*

## Key points

- Apollo Global Management plans to open a 'second headquarters' in Florida or Texas soon.
- The new Apollo hub could eventually house up to 1,000 employees, matching its New York headcount.
- Apollo is considering Miami, Palm Beach, and Austin for its expansion, with Miami and Palm Beach preferred.
- Citadel may halt its $6 billion Midtown Manhattan expansion due to New York's hostile business climate.
- Mayor Mamdani is advocating higher state and city corporate income taxes amid a significant budget deficit.

**Companies:** Apollo Global Management, Citadel
**Countries:** United States

[Read the full story on New York Post](https://nypost.com/2026/05/06/business/wall-street-giant-apollo-aims-to-open-second-headquarters-outside-nyc-in-latest-fallout-from-mamdanis-war-on-the-wealthy/)

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