Rollout of NYC’s Pied-a-Terre Tax Suffers Setback in Lawsuit

bloomberg

·

Original Report

↗ bloomberg

The rollout of New York’s pied-a-terre tax suffered a setback when a judge sided with homeowners who sued to delay the implementation of the levy, ordering the city to replace a list of of thousands of properties that it says are potentially subject to the tax on second homes and rescinding notices mailed to property owners in July.