Pied-à-Terre Tax Lands, Homeowner “What Ifs” Linger
Mayor Zohran Mamdani’s pied-à-terre tax already has homeowners, lawyers and realtors pleading for greater clarity and transparency. The Department of Finance held a public comment hearing Thursday, and many parties shared their thoughts and concerns — here are just a few. The new surcharge on second homes amounts to a “confiscatory and half-baked money grab,”…