Mamdani’s tax on high-end second homes survives legal challenge for now | CNN
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New York Mayor Zohran Mamdani secured a significant win Wednesday after a panel of Brooklyn appellate judges ruled his administration can resume plans to collect a new tax on high-end second homes.
New York Mayor Zohran Mamdani is seen at a news conference at City Hall on Wednesday in New York.
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New York —
New York Mayor Zohran Mamdani secured a significant win Wednesday after a panel of Brooklyn appellate judges ruled his administration can resume plans to collect a new tax on high-end second homes.
The policy, also known as the “pied-à-terre tax,” is a key part of Mamdani’s affordability agenda that seeks to tax the city’s wealthiest residents.