A long-debated tax proposal targeting vacant luxury apartments in New York City will face its next legal challenge in a hearing set for Staten Island. The so-called "pied-à-terre tax" aims to penalize owners of underused high-end properties, sparking disputes over its legality and fairness. Critics argue the measure could violate property rights, while supporters say it addresses housing shortages by incentivizing developers to activate unused units. The hearing will determine whether the tax can proceed amid ongoing legal and political scrutiny.
Court hearing on NYC's pied-à-terre tax to be held on Staten Island CBS News