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NYC Lawmakers Scrutinize Mamdani’s Pied-à-Terre Tax Rollout

The Cityby Andrew GiambroneAugust 7, 2026

The City Council plans to hold an oversight hearing on the Mamdani administration’s rocky rollout of a new tax on luxury second homes, as thousands of homeowners seek exemptions from the impending charges aimed at boosting the city’s budget. “Have you recently received a letter about the new pied-à-

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