New York's wealthy rush to avoid Mamdani's second-home tax

· foxbusiness.com

Zohran Mamdani's pied-à-terre tax has prompted about 4,800 wealthy New Yorkers to begin applying for exemptions. The second home tax targets properties used as part-time residences.

Wealthy New Yorkers are seeking exemptions to Mayor Zohran Mamdani's second-home tax, with thousands filing applications to avoid the levy.

New York City Hall ...


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