Early Addition: It's Crunch Time for Finding a Pied-À-Terre Tax Loophole

Commie Mamdani's Pied-à-Terre Billionaire Tax Attack Began Yesterday

NYC's new pied-à-terre tax targets billionaire second homes over $5M, sparking debate and business backlash.

Early Addition: It's crunch time for finding a pied-à-terre tax loophole

Because notices are going out at the end of August, here are your early links: NYCHA made a paperwork mistake and sent out hundreds of errant eviction notices, Andrew Cuomo has a new crypto-related job, walking in Europe and more. [ more › ]

NYC sending out first pied-à-terre tax notices to owners of luxury second homes

The Mamdani administration has published rules to impose the pied-a-terre tax on thousands of unoccupied second luxury homes in the Big Apple, with the first surcharge notices going out August 30.

MAMDANI’S CITY: NYC to Begin Enforcing New Luxury Second-Home Tax as Notices Prepare to Go Out

New York City is preparing to begin enforcing its newly approved pied-à-terre tax, with thousands of owners of luxury second homes expected to receive official notices in the coming weeks informing them that their properties may be subject to the new surcharge. Under proposed regulations released by the Mamdani administration, the city’s Department of Finance plans to notify affected property owners by Aug. 30 if their homes have been identified…

Mamdani's new pied-à-terre tax leaves wealthy with few loopholes

The super wealthy are accustomed to finding ways to shrink their tax bills. But with New York City's new levy, many are learning they might just have to pony up.

NYC to Begin Contacting Luxury Property Owners for Mamdani's New Pied-à-Terre Tax

The administration of New York City Mayor Zohran Mamdani has disclosed how it plans to enforce its new so-called “pied-à-terre tax” on luxury second homes.