NYC Mayor Zohran Mamdani Luxury Home Tax Hits a Wall

Photo Credit: Cindy Ord/Getty Images for SiriusXM NYC Mayor Zohran Mamdani's plan to impose a tax on luxury second homes has hit a legal setback. A judge has temporarily halted key parts of the city's rollout. This happened after homeowners sued over the administration process of the new tax. The ruling puts the program on hold as the dispute moves through court. A judge temporarily blocked New York City's pied-à-terre tax process after homeowners sued A New York judge has temporarily blocked the city from advancing its new pied-à-terre tax program after homeowners filed a lawsuit . . .