A New York judge has blocked the city’s planned implementation of a tax on pied-à-terres, or secondary residences, after legal challenges. The ruling halts the rollout of the policy, which was set to apply to certain high-value properties, pending further review. Critics argued the tax unfairly targeted specific property owners, while supporters had framed it as a measure to address housing affordability. The decision now leaves the city’s housing finance strategy in limbo as officials weigh next steps.
New York judge orders city to scrap Mamdani’s pied-à-terre tax rollout KWWL