24 Hrs
Source:
Fox News
Mamdani’s luxury-home tax advances
The New York City Mamdani administration has filed an appeal to challenge a court order blocking the implementation of a luxury pied-à-terre tax targeted at high-value second homes. A recent appellate decision lifted a temporary restraining order, allowing the city to proceed while the legal battle continues. Homeowners contest the way the city administered the surcharge, arguing it improperly placed the burden on residents to prove their primary residence status, and the case is set to be clarified in court.
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