Staten Island judge stops Mamdani’s second-home tax due to poorly executed implementation
Staten Island Judge Halts NYC’s Second Home Tax Implementation A judge in Staten Island has put a stop to New York City’s implementation of a tax on second homes valued over $5 million, stating that the Department of Finance (DOF) conducted the process in an unfair manner. This new tax, known as the pied-à-terre tax, […]
Judge directs Mamdani to restart luxury second-home tax implementation
New York Judge Cancels Notices for Luxury Second-Home Tax A judge in New York announced on Tuesday that notices previously sent regarding Mayor Zohran Mamdani’s tax on second homes must be canceled. The ruling was based on the conclusion that the city did not follow the necessary procedures before those notices went out. Judge Wayne […]
Housing problems in London serve as a warning for NYC as Mamdani considers a second-home tax
The struggling luxury housing market in London is raising alarms for New York, particularly as Mayor Zoran Mamdani advocates for a pied-à-terre tax. Critics are concerned that this could lead to a similar outflow of affluent homeowners. In London, a series of tax increases on second homes has cooled a formerly vibrant market, causing property […]
Numerous landlords in Montana have not submitted filings to escape the second-home tax.
Montana Rental Homeowners Face Tax Deadline With the March 1 deadline nearing, data from the Montana Department of Revenue indicates that about 75% of rental property owners in the state have not yet applied for exemptions meant to shield their properties from significant tax hikes when the new second home tax takes effect in this […]