Judge Blocks NYC Pied-à-Terre Tax; Trump Vows Federal Intervention
A New York judge temporarily blocked Mayor Zohran Mamdani’s pied-à-terre tax on luxury second homes over $5 million, following a lawsuit by former Deputy Mayor Randy Mastro and other homeowners. The ruling was immediately stayed by the city’s appeal, allowing the tax to continue pending further litigation. President Donald Trump then announced he is exploring federal action to stop the tax, calling it destructive. The tax, intended to fund schools and streets, remains legally contested amid tensions over property rights and progressive revenue policies.