Mamdani Extends Pied-à-Terre Exemption Deadline to Sept 18

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Source: businessinsider.com
Mamdani Extends Pied-à-Terre Exemption Deadline to Sept 18
Photo: businessinsider.com
TL;DR Summary

New York City Mayor Zohran Mamdani extends the pied-à-terre tax exemption deadline to September 18 to give wealthy homeowners more time to prove their primary residence or prove they aren’t subject to the surcharge, following rollout confusion and outreach efforts amid a plan expected to generate about $500 million for the city’s budget gap.

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