New York City Mayor Zohran Mamdani extended the deadline for appealing his new pied-à-terre tax by an additional month.
The pied-à-terre tax is designed to target the owners of luxury second homes – condominiums and co-ops valued at a minimum of $1 million and one- to three-family homes valued above $5 million.
The Gothamist reports the Aug. 21 deadline for New Yorkers to appeal being taxed on secondary residences has been moved to Sept. 18. The extension follows the brouhaha that occurred after the Mamdani administration published a searchable database of the addresses and names of property owners with homes valued at over $1 million – effectively doxing the city’s wealthiest property owners. This database encompassed over 960,000 entries, and many households publicly complained they did not have second homes.
On Wednesday, an administration official said that letters were sent to 17,000 addresses believed to have second homes worth more than $5 million.
In a statement, Mamdani did not explain why so many households that are not subject to the new tax were included in the online database. Instead, he emphasized that the tax was “an important new tool” to help finance municipal services.
“We are announcing the extension of the exemption application deadline to ensure that New Yorkers who received the ‘You may be subject to …’ letters have the time and information they need,” he said.
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