Turns Out Mamdani Misled People on Who Pays the Pied-à-Terre Tax
New York City Ugandan Mayor Zohran Mamdani’s pied-à-terre tax is more expansive than he let on. Mamdani said the tax applied only to wealthy people who owned secondary homes in the Big Apple worth more than $5 million. However, that $5 million value only applied to up to three-family homes. Condos and co-op units that […]
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