New York passes Mamdani's pied-a-terre tax. Here's who pays and how much
www.cnbc.com
Citadel CEO Ken Griffin became the face of the tax after New York City Mayor Zohran Mamdani posted a video in front of Griffin's penthouse apartment.
  • EpeeGnome@feddit.onlineEnglish
    5·
    11 days ago

    The headline does not say if it’s New York State or New York City, which are different things. So, I skimmed the article, and I still am not clear on which passed the tax law change. Officials from both governments are quoted back and forth. Maybe I missed it, but I couldn’t find anywhere that specifies.

    • eldavi@lemmy.mlEnglish
      2·
      11 days ago

      it says so in the first sentence of the article:

      New York City’s new tax on second homes will more than double property taxes owed by many wealthy luxury apartment owners, according to tax experts.