Judge temporarily blocks Mamdani’s pied-à-terre tax on second homes
US news | The Guardian

Judge temporarily blocks Mamdani’s pied-à-terre tax on second homes

Center Left

New York mayor’s office plans to appeal ruling, which comes after homeowners sued over property surcharges last weekA judge has temporarily blocked Zohran Mamdani’s pied-à-terre tax, which would place a surcharge on second homes in New York City, dealing a blow to the progressive New York City mayor after homeowners sued over the policy.The tax would apply to people who own, but do not reside full-time in, any house worth more than $5m, or a condominium or cooperative unit worth at least $1m. Continue reading...