Mamdani and Hochul’s pied-à-terre tax would bring tsunami of legal battles over NYC property values, experts say

Mayor Zohran Mamdani and Gov. Kathy Hochul’s controversial proposal for a pied-à-terre tax in New York City could bring a wave of legal battles from wealthy New Yorkers avoid new levies, according to experts.

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.