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Judge Halts Zohran Mamdani’s Pied-à-Terre Tax
A New York City judge has temporarily blocked the enforcement of a proposed pied-à-terre tax targeting luxury second homes valued at $5 million or more, which is part of Mayor Zohran Mamdani’s agenda. The law, also approved by the state legislature, aims to generate significant revenue but has faced legal challenge, with a court order stopping the city from implementing the tax or publishing homeowner information. Officials intend to appeal the ruling and continue with the tax’s planned rollout.
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