ACTA DIURNA

City Hall · New York City · Wed Nov 4, 3:59 PM Eastern

Court rules for city in pied-à-terre tax rollout challenge

A court ruled for the city in a homeowners' challenge to the pied-à-terre tax rollout. Mayor Zohran Mamdani said it could raise $500 million yearly.

1 report

• Gothamist / WNYCNYC wins court fight over rollout of pied-à-terre tax on luxury second homes Nov 4, 3:59 PM

What traders expect

• Mamdani raises corporate taxesBefore 2029 44% · Before 2028 26% on Kalshi
• Mamdani raise property taxesYes 11% on Kalshi

In this story: Zohran Mamdani

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