Fed-Up NYC Homeowners Take to Court to Fight Back Against Mamdani’s New Tax ‘Debacle’

1 month ago 10

Rommie Analytics

Man with a beard and suit speaking thoughtfully in a well-lit indoor setting, conveying a sense of professionalism and engagement.

Man with a beard and suit speaking thoughtfully in a well-lit indoor setting, conveying a sense of professionalism and engagement.

A group of New York City homeowners is suing Mayor Zohran Mamdani and the city of New York over the pied-à-terre tax, which is a surcharge property tax on second homes.

The surcharge applies to individual homes valued at $5 million or more and co-ops and condominiums with a cost of $1 million or more that are “not a primary residence,” acco...

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