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NY appeals court allows Mamdani's pied-à-terre tax

Original: NY appeals court greenlights Mayor Mamdani’s pied-à-terre tax, reversing lower court ruling

A New York appeals court has cleared the way for Mayor Mamdani's pied-à-terre tax, reversing an earlier lower court ruling that had blocked it. The tax targets mostly vacant, second homes owned by part-time residents. The decision marks a significant legal win for the mayor and could pave the way for the levy to move forward.

Why now: A court reversal just cleared a politically contentious tax backed by New York's mayor, drawing attention to its implications for wealthy part-time residents.

Zohran MamdaniNew YorkNew York appeals court

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