Business Insider·2 min read·medium

Judge temporarily blocks Mamdani's pied-à-terre tax

Judge temporarily blocks Mamdani's pied-à-terre tax
AI Summary

A New York judge has issued a temporary restraining order blocking the city's new pied-à-terre tax on non-primary homes worth over $5 million. The ruling follows a lawsuit from homeowners who cited privacy concerns regarding the publication of property data.

Michael M. Santiago/Getty Images New York City Mayor Zohran Mamdani's pied-à-terre tax was temporarily blocked by a judge on Monday. The ruling comes after New York homeowners sued the city. The tax is intended to apply to non-primary homes worth over $5 million. New York City Mayor Zohran Mamdani's pied-à-terre tax was temporarily blocked by a state judge on Monday after homeowners sued the city last week. The Staten Island judge issued a temporary restraining order blocking the city from proceeding with enforcing the tax, which is intended to be levied on non-primary homes worth over $5 million. The ruling came after New York homeowners sued over the rollout of the tax, which included the publishing of a property roll that the lawsuit said "caused mass confusion" and "facilitated, invited, and amplified unwanted scrutiny of homeowners' personal information." This story is breaking. Check back for updates. Read the original article on Business Insider

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