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Mamdani and Hochul's pied-à-terre tax would bring tsunami of legal battles over NYC property values, experts say

By New York Post April 24, 2026 Bearish
Mamdani and Hochul's pied-à-terre tax would bring tsunami of legal battles over NYC property values, experts say
Mayor Mamdani and New York Gov. Kathy Hochul last week announced the new tax on luxury second homes worth more than $5 million.
Mayor Mamdani and New York Gov. Kathy Hochul last week announced the new tax on luxury second homes worth more than $5 million.