Business Insider
Business Insider
US · 17 mins ago

Judge temporarily blocks Mamdani's pied-à-terre tax

Michael M. Santiago/Getty Images New York City Mayor Zohran Mamdani's pied-à-terre tax was temporarily blocked by a judge on Monday. The ruling comes after New York homeowners sued the city. The tax is intended to apply to non-primary homes worth over $5 million. New York City Mayor Zohran Mamdani's pied-à-terre tax was temporarily blocked by a state judge on Monday after homeowners sued the city last week. The Staten Island judge issued a temporary restraining order blocking the city from…
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