Mamdani Extends Deadline for NYC Pied-à-Terre Tax Exemption
Mamdani has extended the deadline for New York City homeowners to seek an exemption from the new pied-à-terre tax. This extension provides wealthy homeowners with more time to avoid the tax.
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Mamdani just gave wealthy homeowners more time to avoid his pied-à-terre tax
New York City Mayor Zohran Mamdani introduced the pied-à-terre tax in April. Bloomberg/Bloomberg via Getty Images Mayor Zohran Mamdani extended a deadline for homeowners seeking exemption from his pied-à-terre tax. Eligible homeowners now have until September 18 to apply for an exemption. The tax applies to people who own a secondary property in NYC valued at over $5 million, but who live elsewhere. Wealthy homeowners who might be subject to New York City Mayor Zohran Mamdani's pied-à-terre...
Read full article →Mamdani extends deadline for NYC homeowners to seek exemption from new pied-à-terre tax
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