New York City's wealthiest homeowners are asking lawyers and tax advisors how to avoid Mamdani's pied-à-terre tax. They're not finding many loopholes.
Pacific Press/Getty; Getty Images; Tyler Le/BI
NYC's millionaires vs. the pied-à-terre tax
Rich New Yorkers trying to dodge Mayor Zohran Mamdani's new tax on second homes are slamming into a harsh reality
Pacific Press/Getty; Getty Images; Tyler Le/BI
By James Rodriguez
After Zohran Mamdani's second home tax has left some wealthy New Yorkers unhappy, nearby towns are pitching themselves as a…
NYC Mayor Zohran Mamdani told those who own second homes in the city worth of $5 million to look for notices about the…
A judge just ruled the city illegally shifted the burden of proving tax status onto owners like Ken Griffin, pausing Mamdani's…
3 NYC homeowners said their primary residences were included in a list of property records tied to the rollout of the new tax.
New York City Mayor Zohran Mamdani's office said the extension will give homeowners more time to "demonstrate they are not…
Mamdani’s pied‑à‑terre tax adds new costs for non‑resident owners and raises questions about revenue, residency incentives and…
