Judge Orders NYC to Scrap Pied-à-Terre Tax Rollout
The judge said the city must make individualized determinations and disclose the records used, after officials mailed 17,000 notices and listed more than 900,000 properties.
- On Tuesday, New York State Supreme Court Justice Wayne Ozzi ordered the Mamdani administration to halt its pied-a-terre tax rollout, forcing the city to rescind thousands of notices sent to homeowners after identifying widespread vetting errors.
- The Department of Finance erroneously mailed 17,000 letters to homeowners, later determining that nearly 6,000 properties—or 35%—were actually primary residences exempt from the surcharge after failing to check personal income tax filings.
- Representing homeowners, Randy Mastro successfully sued to challenge the implementation, prompting Justice Ozzi to order the city to examine "any and all resources and information available" before classifying properties as second homes.
- Signed by Gov. Kathy Hochul in May at Mayor Zohran Mamdani's request, the tax aims to address a $5 billion budget gap by generating $500 million annually from properties valued at $5 million or more.
- City Corporation Counsel Steve Banks has not indicated whether the administration will appeal, leaving uncertain the city's path forward as it must remove a supplemental roll of more than 900,000 properties and restart vetting entirely.
106 Articles
106 Articles
Mamdani Wrongly Targeted NYC Residents with Pied-à-Terre Tax, Judge Rules
New York City Mayor Zohran Mamdani’s new tax on second homes has suffered another setback after a state judge ordered the city to redo its rollout of the surcharge. On Tuesday, State Supreme Court Justice Wayne Ozzi sided with New York City homeowners who challenged the Department of Finance’s implementation of the new pied-à-terre tax. […]
POLITICS: Legal trouble for Mamdani’s pied-à-terre tax is just beginning
Cross your fingers that a state judge’s slapdown of the pied-à-terre tax’s rollout marks the beginning of the end of the whole misbegotten tax. This week’s ruling came in a case challenging the burden the city placed on homeowners to prove they don’t owe the tax, which applies to nonresidents who own co-ops and condos valued $1 million or more or one-, two- and three-family homes worth $5 million and up. Not only did City Hall require homeowners…
A landmark project of the mayor of New York, the taxation of luxury secondary residences was swept away by a court this Tuesday. The socialist democrat must review his copy, however he does not necessarily come out losingZohran Mamdani presented him as one of his greatest successes: the introduction of a new tax on secondary residences worth more than $5 million.
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