New York's highly contested pied-à-terre tax is set to face its toughest challenge yet, as a wealthy real estate developer has announced plans to sue the city over the legislation. The developer, who is reportedly one of the city's largest property owners, claims that the tax is an unconstitutional overreach by the city government. What's more, he's making it clear that he doesn't want any help from a familiar face: Donald Trump. The billionaire former president has been a vocal critic of the tax, and his involvement could have been a game-changer for the developer's case. But with Trump's help, the developer is saying no, opting instead to take on the city alone. Will his strategy pay off, or will the city's lawyers succeed in defending the tax?
NY Pied-A-Terre Tax Challenger Says He Doesn’t Want Trump’s Help Bloomberg Law News