New York City’s super-rich cry foul over proposed tax on second homes
Billionaire hedge fund managers accuse mayor Zohran Mamdani of ‘demonising philanthropists’
Billionaire hedge fund managers accuse mayor Zohran Mamdani of ‘demonising philanthropists’

The city’s wealthy property owners say they are sick of being vilified

Mayor called out billionaire’s $238mn property as he pushes for second-home levy on the wealthy

New mayor dismisses fears of an exodus of wealthy residents as he looks to fund his affordability agenda

Zohran Mamdani’s mayoral upset reflects growing frustration with soaring living costs

It is becoming harder to keep wealthy nomads and ordinary voters happy

The upcoming launch of the city’s first elite branded residence is riding on a wave of super-prime sales. But amid calls for new…