A high-profile real estate tax battle is unfolding in New York City as a casino mogul and a former Trump administration official have teamed up to challenge the city’s controversial pied-à-terre tax. The tax, which targets second homes and luxury properties, has drawn sharp criticism from property owners and industry leaders. Legal action is expected to test the city’s ability to enforce the levy amid growing opposition from wealthy residents and investors. The case could set a precedent for similar taxes in other major cities.
Casino mogul and former Trump secretary join forces to take on NYC’s pied-à-terre tax Daily Freeman