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NYC Approves 5,700 Pied-à-Terre Tax Exemptions as Deadline Nears

NYC Approves 5,700 Pied-à-Terre Tax Exemptions as Deadline Nears

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

New York City has approved about 5,700 applications for exemptions from its new tax on high-value non-primary residences, according to figures the Department of Finance provided to the New York Post. Roughly 10,000 applications had been submitted as of Friday morning,...
Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error

Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error

by Phil Hall | Aug 26, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani’s administration has issued a second extension on the deadline for challenging his pied-à-terre tax while acknowledging that more than 1,000 residents received tax bill notices by mistake. The tax is designed to target the owners of...
Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout

Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout

by Phil Hall | Aug 14, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New York state appellate judge ruled that New York City Mayor Zohran Mamdani can continue with the rollout of pied-à-terre tax while it continues to face a legal challenge. On Monday, Staten Island Judge Wayne Ozzi on Monday issued a temporary restraining order...
Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax

Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax

by Phil Hall | Aug 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump has inserted himself into the controversy surrounding New York City’s pied-à-terre tax, declaring that he will review if the federal government can stop the tax from going into effect. The tax is designed to target the owners of luxury second homes –...
Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax

Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax

by Phil Hall | Aug 10, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani’s pied-à-terre tax has been blocked by a Staten Island judge following a lawsuit filed by homeowners who alleged the tax rollout was improperly handled. The tax is designed to target the owners of luxury second homes – condominiums...
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