It’s worth nothing that this is actually Hochul’s tax, Mamdani was pushing for a different form of millionaires tax, and this was the compromise that Albany (the governor) agreed to. But everyone who wants to complain about it will blame the mayor for anything that goes wrong with it.
Bill GrueskinThe rollout of Mamdani’s new pied-a-terre tax is a colossal mess. The incompetence is pretty brutal. www.wsj.com/real-estate/...