Published May 12, 2026, 4:52 PM ET · Updated 6 months ago · 1 source

Mamdani’s NYC Budget Plan Counts on Taxing Pricey Second Homes

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Mamdani’s NYC Budget Plan Counts on Taxing Pricey Second Homes

Most New Yorkers will not have to worry about seeing their property tax rates go up soon. But for a small number of those who own luxury second homes in the city, the prospect is still alive.